Japanese and South Korean Markets End Higher Despite Intraday Volatility
The Nikkei 225 Index in Japan closed up 500.77 points, or 0.74%, at 67,743.50 on July 14. Notable gainers included Kioxia, which rose 5.3%, and SoftBank, up 2.2%. Meanwhile, South Korea's KOSPI Index also ended the day higher, gaining 49.9 points, or 0.73%, to close at 6,856.83, despite experiencing a more than 5% drop during the session.
The KOSDAQ Composite Index, however, closed down 1.92% after falling over 5% intraday, triggering a program trading halt. Among individual stocks, SK Hynix and Samsung Electronics saw gains of 3.6% and 3.3%, respectively, contributing to the overall market recovery by the close.
