South Korea's KOSPI Surges 5.96% to 7,150.26 on July 22, Reclaiming 7,000 Level

According to Korea Exchange, South Korea's KOSPI index surged 5.96% to 7,150.26 as of 9:15 a.m. on July 22, reclaiming the 7,000-point level. The rally was driven by gains in semiconductor stocks, with major chipmakers leading the market higher.
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