The Japanese and South Korean stock markets surged, with the South Korean KOSPI index reaching a record high

Japanese and South Korean stock markets surged today. The Nikkei 225 index closed up 1493.32 points on January 5 (Monday), an increase of 2.97%, closing at 51832.80 points, led by chip stocks and heavy industry stocks.

The South Korean KOSPI index closed up 147.89 points on January 5 (Monday), an increase of 3.43%, closing at 4457.52 points, reaching a record closing high, led by chip and defense stocks; Samsung Electronics rose 7.47%, marking the largest single-day increase since March 24, 2020. (Jinshi)