South Korea's stock market Kospi index breaks through the 9000-point mark, hitting a new all-time high.

The South Korean stock market Kospi index rose 1.5% at one point, reaching a historic high, boosted by the strength of semiconductor giants. After the US and Iran signed a temporary peace agreement on Wednesday, oil prices fell. SK Hynix and Samsung Electronics provided the biggest boost to the index, with gains of 5.9% and 2.5% respectively. Overseas and domestic funds sold off Kospi index components, while individual investors bought in. The small cap stock-focused Kosdaq index fell 3.1% at one point.