Korea's Kospi Index rose 4% at one point, with a cumulative increase of more than 20% from the July 30 low. The US inflation data moderately boosted investor sentiment and allayed concerns about the Federal Reserve's imminent interest rate hike. Samsung Electronics and SK Hynix led the way, and both companies' stock prices rose by more than 4%. Mirae Asset Securities pointed out in a report that SK Hynix's stock price correction appears to have gone too far, maintaining a buy rating, and the target price is 2.8 million won. Korea's Kosdaq Index rose 1.3%.

Korea's Kospi Index rose 4% at one point, with a cumulative increase of more than 20% from the July 30 low. The US inflation data moderately boosted investor sentiment and allayed concerns about the Federal Reserve's imminent interest rate hike. Samsung Electronics and SK Hynix led the way, and both companies' stock prices rose by more than 4%. Mirae Asset Securities pointed out in a report that SK Hynix's stock price correction appears to have gone too far, maintaining a buy rating, and the target price is 2.8 million won. Korea's Kosdaq Index rose 1.3%.