Nikkei 225 Surges 3.66% and KOSPI Rises 3.76% in Asian Market Rally

Japanese and South Korean indices posted significant gains, with Nikkei adding 2,342 points and KOSPI up 239 points. Tech giants SoftBank, Kioxia, and SK Hynix led the sector-wide advance.

Woofun AI data shows that the Nikkei 225 index closed at 66,300.44 points on August 5, reflecting a gain of 2,342.91 points or 3.66%. SoftBank shares increased by 13%, while Kioxia rose by 4.8%.

The South Korean KOSPI index also advanced, closing at 6,598.25 points after rising 239.3 points, a 3.76% increase. The KOSDAQ index gained 2.41%, with SK Hynix up 5.77% and Samsung Electronics rising 2.5%.