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Japan and South Korea stock markets deliver impressive performance in first half of the year
The first half of the year officially concluded for Japan and South Korea stock markets, driven mainly by demand for AI memory chips. South Korean stocks accumulated gains of about 100% in the first half, repeatedly hitting new highs. The two tech giants Samsung Electronics and SK Hynix rose about 180% and 310% respectively during the year.
Driven by multiple factors such as corporate reforms, AI, and the semiconductor industry boom, the Nikkei 225 index has accumulated gains of about 40% this year, while the TOPIX index has risen about 17%, with tech stocks being the main driver.