The KOSPI index, a key benchmark for the South Korean stock market, has catapulted past the 5,000-point threshold, achieving a milestone forecast by President Lee Jae-myung. This remarkable surge is attributed to the tech sector's expansion, which is being propelled by a robust demand for artificial intelligence (AI) technologies. On a notable trading day, the index soared by 2.2%, peaking at 5,015.73 points, a rally predominantly led by industry giants such as Samsung Electronics, SK Hynix, and Hyundai Motor.

Over the past year, the KOSPI index has witnessed an extraordinary increase of over 90%, positioning it as one of the top-performing stock indices worldwide. This impressive performance underscores South Korea's growing prominence in the global tech landscape. Meanwhile, on Thursday, the South Korean won experienced a minor depreciation of 0.1% against the US dollar, reflecting the dynamic interplay of global currency markets.