Kospi jumps 18% to post record daily gain
- Source
- The Korea Herald - Business
- Source link
- https://www.koreaherald.com/article/10827411
- Published
- 2026-07-31 17:00:37
- Discovered by ProcIntel
- 2026-07-31 08:51:41
- Category
- Procurement & Supply Chain News
- Geography
- South Korea
- Organisations
- —
- Review status
- Pending
- Record type
- REAL
Summary
South Korean stocks posted their largest daily gain on record Friday, as a chip-led rebound and massive foreign buying lifted the Kospi by more than 1,000 points. The benchmark Kospi closed at 6,595.45, up 1,001.89 points, or 17.91 percent, marking record daily gains in both point and percentage terms. It opened just 1.15 percent higher at 5,657.79 before rapidly climbing by double digits to reach an intraday high of 6,630.77, up 18.5 percent. A buy-side sidecar was triggered on the Kospi at 9:0
Procurement Relevance Gate
- geographic_exposure (weight 8) — matched on "1 linked geography"
Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Not Assessed — this Signal did not pass the Procurement Relevance Gate, or is fictional/excluded test data.