Seoul's Kospi index climbed 2.3 percent to a record 8,980.18, leading gains across most Asian equity markets on Friday. Chip titans SK hynix and Samsung were once again the standout performers in Seoul, which jumped three percent Friday and has rocketed more than 100 percent this year. The rally followed a strong lead on Wall Street, where the tech-heavy Nasdaq soared almost two percent, and was also helped by relief over the US-Iran agreement that reopened the Strait of Hormuz. Tokyo's Nikkei 225 rose 0.4 percent, while Hong Kong, Shanghai, and Taipei were closed for holidays. Oil prices extended losses, with West Texas Intermediate down 0.6 percent at $76.14 a barrel and Brent North Sea Crude down 0.3 percent at $79.62 a barrel.
Samsung Electronics Co Ltdchip stocks surge, Samsung standout performer, index record high
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SK Hynix Incchip stocks surge, SK hynix standout performer, index record high