Japanese and South Korean stock markets surged, with South Korea's KOSPI index reaching a record high

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On January 5th, the stock markets in Japan and South Korea surged today. The Nikkei 225 Index closed up 1,493.32 points, a 2.97% increase, at 51,832.80 points, with chip and heavy industry stocks leading the gains. The KOSPI Index in South Korea closed up 147.89 points, a 3.43% increase, at 4,457.52 points, reaching a record high close, with chip and defense stocks leading the way; Samsung Electronics rose 7.47%, marking its largest single-day gain since March 24, 2020. (Jin10)

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