The Nikkei 225 index closed with a gain of 0.55%, settling at 38,421.19 points. Meanwhile, South Korea's KOSPI index rose by 1.23%, closing at 2,907.04 points, marking its highest closing level since January 14, 2022.
During the trading session, the KOSPI index surpassed the 2,900-point mark for the first time since January 2022. This surge is attributed to recent optimism following the election and progress in trade negotiations, which have fueled the market's upward momentum.
South Korea's newly elected President, Lee Jae-myung, made a prominent visit to the country's major stock exchange, underscoring his commitment to boosting the stock market. Local media covered his agenda, highlighting his efforts to fulfill his promises. Concurrently, the Seoul Composite Index achieved gains for the sixth consecutive trading day.
