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Seoul Stock Index Surpasses 4,800, Extends Eleven‑Day Rally

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KOSPI Breaks 4,800 Threshold The Korea Composite Stock Price Index opened above 4,800 for the first time, climbing 9.81 points to 4,807.36 within the first 15 minutes of trading, marking a historic breach of the 4,800‑point level[1].

Eleven Consecutive Days of Gains The market logged its 11th straight session of gains, continuing a daily streak of fresh highs that began at the start of the year and reflecting sustained investor optimism in Seoul[1].

Wall Street Gains Influence Korean Market Overnight U.S. equities rose, driven by Taiwan Semiconductor Manufacturing Co.’s strong results that lifted chipmakers; the Dow gained 0.6% and the Nasdaq rose 0.25%, bolstering Korean market momentum[1].

Mixed Performance Among Major Korean Corporations Samsung Electronics advanced 0.9%, while SK Hynix slipped 0.13%; Hyundai Motor edged up 0.36% but Hyundai Mobis fell 1.78%, illustrating varied sector responses[1].

AI Competition Shake‑up Hits Naver and NCSOFT Shares of Naver dropped 0.81% and NCSOFT fell 2.97% after their subsidiaries were eliminated from a government‑led competition to select developers for homegrown AI foundation models, highlighting regulatory impact on tech stocks[1].

Won Weakens Slightly Against Dollar The Korean won softened to roughly 1,471.9 per U.S. dollar, down about 2.2 won from the previous session, indicating modest currency depreciation[1].

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