In brief
South Korea’s benchmark KOSPI opened 2.43% higher on November 4, powered by a surge in technology shares as markets awaited U.S. election outcomes that could shape Trump’s policy agenda. The tech‑heavy Nasdaq also gained, while Korea’s KOSDAQ rose 1.56%. Later in the day, the KOSPI continued to climb, reaching a 2.82% gain to 5,808.25 and retaking the 5,800 level. article:
South Korea’s biggest stock index, the KOSPI, opened Wednesday at 5,786.13, up 137.34 points or 2.43%, as investors rushed to buy technology shares before U.S. midterm election results could influence President Donald Trump’s policy settings.
The sharp rise mirrored gains in the country’s technology‑heavy KOSDAQ, which advanced 11.35 points to 715.74, giving the market a boost of about 1.56%. Tech stocks were the main driver of the rally.
Across the globe, the Nasdaq made a modest 0.83% jump on strong chip stocks, while the S&P 500 climbed 0.36%. In Chicago, the PHLX chip index rose 2.63% as investors bet on rising demand for semiconductors.
After the opening bell, the KOSPI kept the momentum, increasing an additional 2.82% during early trading and ending the session at 5,808.25, the first time it had crossed the 5,800 mark since late 2025.
The tech‑driven surge shows how closely Korean investors tie their bets to U.S. election outcomes, hoping that a favorable result will promote policies supportive of global tech growth.
