Leave your feedback Share Copy URL https://mypepack.gophersport.com/video/?vid=sO2b6B2DE15 Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter South Koreas stock market breaks 5,000 for first time powered by AI [hcG3tCtasjV] Health Updated on August 11, 2026 EDT — Published on August 11, 2026 EDT South Korea's benchmark index, the KOSPI, marked a milestone after it went beyond the 5,000 level for the first time. It pared back gains to end the session just below that level, but that was still a new record close for the benchmark. The rally was largely fueled by the global artificial intelligence boom, and strong gains in chipmakers, especially from the country's two most valuable stocks, Samsung and S-K Hynix. But evidence of South Korea's slowing domestic demand is piling up. The country's GDP shrank in the final quarter of last year. Still, the KOSPI hitting that 5,000 level meets a key goal set by President Lee Jae Myung, just about six months into his five-year term. Lim Yun Suk reports. uaThv617Bij 7loNQSrTizQ G549N9n0GwG 2b137R5QhuM CK5H0befTB0 1PIwBSkcXBb asYVmxxZt77
South Korea's benchmark index, the KOSPI, marked a milestone after it went beyond the 5,000 level for the first time. It pared back gains to end the session just below that level, but that was still a new record close for the benchmark. The rally was largely fueled by the global artificial intelligence boom, and strong gains in chipmakers, especially from the country's two most valuable stocks, Samsung and S-K Hynix. But evidence of South Korea's slowing domestic demand is piling up. The country's GDP shrank in the final quarter of last year. Still, the KOSPI hitting that 5,000 level meets a key goal set by President Lee Jae Myung, just about six months into his five-year term. Lim Yun Suk reports. uaThv617Bij 7loNQSrTizQ G549N9n0GwG 2b137R5QhuM CK5H0befTB0 1PIwBSkcXBb asYVmxxZt77