Samsung-led rally pushes Kospi past 5,300 milestone
Samsung Electronics on Wednesday became the first company in South Korean history to surpass a market capitalization of 1,000 trillion won ($689 billion), as a sharp rally fueled by the global artificial intelligence boom pushed its shares to record highs.
Samsung shares closed up 0.96 percent at 169,100 won, after touching an intraday high of 169,400 won. The gains pushed the company’s market value to above 1 trillion won at the close, according to exchange data.
The surge in Samsung shares also helped lift the country's benchmark Kospi, which c
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