![\"Officials](\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/05\/2cf18239-9879-402f-a611-9e40e48a2491.jpg\")
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Officials celebrate KOSPI breaching the unprecedented 8,000 points mark at a dealing room in Hana Bank, Seoul, Friday. Yonhap<\/p>\n
Korea’s stock market opened a new chapter Friday, topping the historic landmark of 8,000 points, driven by a continued rally of large-cap tech shares.<\/p>\n
After opening a tad lower, the benchmark Korea Composite Stock Price Index (KOSPI) turned higher to breach the unprecedented 8,000 points.<\/p>\n
As of 9:15 a.m., the index had added 19.99 points, or 0.25 percent, to 8,001.4.<\/p>\n
It took just a little over a week for the index to hit the new milestone after topping the 7,000-point mark on May 6.<\/p>\n
The index had delivered a record-breaking run for five straight sessions until Monday on the extended rally of semiconductor shares buoyed by an optimistic outlook for continued growth of the artificial intelligence (AI) sector.<\/p>\n
The local stock market took a breather Tuesday amid little progress in peace talks between the United States and Iran, but Seoul shares rallied again to end at a fresh peak of 7,981.41 on Thursday.<\/p>\n
Overnight, the tech-heavy Nasdaq composite closed 0.88 percent higher, and the S&P 500 added 0.77 percent, while the Dow Jones Industrial Average rose 0.75.<\/p>\n
Investor sentiment was uplifted by news that U.S. President Donald Trump and Chinese President Xi Jinping agreed that Iran can never have a nuclear weapon and the Strait of Hormuz, a major oil shipping route, must remain open during their summit in Beijing on Thursday.<\/p>\n
A rally in artificial intelligence-related shares also boosted the U.S. market, with Nvidia jumping 4.39 percent, Cisco Systems surging 13.41 percent, Broadcom climbing 5.52 percent and TSMC adding 4.48 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"Officials celebrate KOSPI breaching the unprecedented 8,000 points mark at a dealing room in Hana Bank, Seoul, Friday.…\n","protected":false},"author":2,"featured_media":442647,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[345,343,344,85,46,125],"class_list":["post-442646","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-il","tag-israel","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/442646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=442646"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/442646\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/442647"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=442646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=442646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=442646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}