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The Independent UK
The Independent UK
National
Via AP news wire

South Korea’s Kospi index jumps more than 13% on a surge of chipmaking stocks

The top photos of the day by AP photojournalists - (Copyright 2026 The Associated Press. All rights reserved.)

South Korea’s Kospi index jumped more than 13% on Friday, tracking Wall Street gains, as artificial intelligence-related stocks bounced back after losses this week.

In early Asian trading, the Kospi rose 13.1% to 6,330.59. Shares of South Korean technology giant Samsung Electronics surged 19.3%, while memory chipmaker SK Hynix soared 22.6%.

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