Middle East situation is favorable to AI concept, South Korea's KOSPI index breaks through the 7300-point mark for the first time! "Storage giants" reach new highs.

date
06/05/2026
According to the Wisdom Financial APP, on Wednesday, the Asia-Pacific stock market opened higher, with the South Korean Composite Stock Price Index (KOSPI) hitting a new high, breaking through 7000 points, and leading to an increase in Asia-Pacific stock markets. Earlier, the overnight rise of U.S. stocks, the fall in oil prices, and strong corporate profits boosted investor confidence. U.S. President Trump stated that the U.S. would temporarily suspend the operation of guiding ships out of the Strait of Hormuz, indicating that diplomatic efforts to resolve the Middle East crisis are proceeding as planned.