Yonhap News4/21/2026BusinessSouth Korea
S. Korean KOSPI hits new high amid tech rally, Middle East peace hopes
Benchmark index surpasses pre-crisis level as Samsung posts record earnings, foreign investors return
Quick Look
- South Korea's KOSPI index reached a new intraday high of 6,361.17, surpassing its pre-Middle East crisis level from Feb.
- The index rose nearly 2% as optimism around US-Iran peace talks, record Samsung earnings, and returning foreign investors boosted sentiment.
- Goldman Sachs raised its 12-month target to 8,000 points, while JPMorgan set a bull case of 8,500 points.
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South Korea's KOSPI index reached a new intraday high of 6,361.17, surpassing its pre-Middle East crisis level from Feb. 26. The index rose nearly 2% as optimism around US-Iran peace talks, record Samsung earnings, and returning foreign investors boosted sentiment. Goldman Sachs raised its 12-month target to 8,000 points, while JPMorgan set a bull case of 8,500 points.
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This article was originally published by Yonhap News.
