Japanese and South Korean stock markets closed higher, with the KOSPI briefly plunging during the session

Odaily reported that the Nikkei 225 index closed up 500.77 points, or 0.74%, at 67,743.50 on Tuesday, July 14. Kioxia rose 5.3% and SoftBank rose 2.2%. The Korea Composite Stock Price Index (KOSPI) closed up 49.9 points, or 0.73%, at 6,856.83 on Tuesday, July 14, after falling more than 5% during the session. The KOSDAQ index fell 1.92% for the day, after falling more than 5% at one point during the session, triggering a halt in program trading. Among individual stocks, SK Hynix closed up 3.6% and Samsung Electronics rose 3.3%.