Seoul shares surged nearly two-point-eight percent Monday, setting a new all-time high and surpassing the four-thousand-200 mark for the first time.
The benchmark Korea Composite Stock Price Index climbed 114-point-37 points, or two-point-78 percent, to close at four-thousand-221-point-87, a session after breaking the four-thousand-100 milestone.
The main bourse maintained its momentum following last week’s Asia-Pacific Economic Cooperation summit, boosted by Nvidia’s announcement to supply up to 260-thousand artificial intelligence(AI) chips to South Korea for data center expansion and AI partnerships.
Tech, energy and defense stocks led the rally on Monday.
Samsung Electronics rose three-point-35 percent to a record 111-thousand-100 won, and SK hynix surged ten-point-91 percent to an all-time high of 620-thousand won.
AI investment firm SK Square jumped eight-point-65 percent, and Korea Electric Power Corporation gained five-point-99 percent.
Defense industry leader Hanwha Aerospace added six-point-44 percent after reporting that its third-quarter net profit had more than doubled from a year earlier on strong domestic and global sales.
The tech-heavy KOSDAQ gained 14-point-13 points, or one-point-57 percent, to close at 914-point-55.
The South Korean won weakened against the U.S. dollar by four-point-four won to trade at one-thousand-428-point-eight won as of 3:30 p.m.