South Korean stocks closed at a record high on May 27, driven by gains in semiconductor shares.
The benchmark KOSPI index gained 181.19 points, or 2.25 percent, to close at a record 8,288.7 on May 27. It hit an intraday high of 8,457.09.
Samsung Electronics rose 2.68 percent to 307,000 won, while SK hynix surged 9.31 percent to 2.24 million won, becoming the second South Korean firm to exceed 1,500 trillion won in market value.
Overnight, the S&P 500 and Nasdaq hit all-time closing highs on Wall Street, with Micron jumping 19 percent to reach a $1 trillion market value for the first time.
"The two biggest semiconductor shares led the rally," said Kim Seok-hwan, an analyst from Mirae Asset Securities.
