South Korea's Kospi Surpasses 7,000 as Samsung's Market Value Tops $1 Trillion
South Korea's benchmark index surged past 7,000 on March 10, 2026, propelled by a more than 15 percent jump in Samsung shares that pushed its market capitalization above $1 trillion. The gains come as President Donald Trump paused a new U.S. military operation in the Strait of Hormuz amid diplomatic progress with Iran.
upi.comSouth Korea's Kospi index drove above 7,000 to a fresh record high on March 10, 2026, after surging over 70 percent since the start of the year. The advance was powered by a rally in Samsung shares, which jumped more than 15 percent that day, pushing the company's market capitalization past the $1 trillion mark for the first time.
Samsung's stock breached a record high and is on course for the largest single-day gain on record according to FactSet data.
Samsung is the second Asian company to cross the $1 trillion market capitalization threshold. TSMC first crossed that level in February 2026. Currency dealers monitored exchange rates as an electronic screen showed the Kospi and the Korean Securities Dealers Automated Quotations index inside the Hana Bank headquarters in Seoul on the morning of the surge.
U.S. military's effort to guide commercial ships out of the Strait of Hormuz. The operation had begun only one day before Trump's announcement.
Trump announced the pause in a Truth Social post, stating the decision was based in part on the fact that Great Progress has been made toward a Complete and Final Agreement with Iran. "Project Freedom will be paused for a short period of time to see whether or not the Agreement can be finalized and signed," Trump wrote. -Israel war on Tehran.
Wang Yi held a meeting with Abbas Araghchi on Wednesday morning, according to Xinhua News Agency. 5 billion net loss in the first quarter. The net loss in Q1 2026 was due to the slump in the bitcoin price in the beginning of the year.
Phong Le is president and CEO of Strategy. The company is breaking from its longstanding never sell bitcoin strategy, which originated with chairman, founder and bitcoin evangelist Michael Saylor. S.
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