South Korean stock market surged throughout the day, with the KOSPI index closing up 2%

Odaily Odaily reports, according to Gate data, South Korea's KOSPI index closed up 181.19 points, or 2.25%, at 8228.7 points on Wednesday, May 27, setting a new all-time closing high. Intraday gains once expanded to 5%. Samsung Electronics shares closed up 2.68%, and SK Hynix shares closed up 9.31%, both hitting record highs.