On February 24, propelled by the combined stimulus of robust semiconductor exports and a buoyant domestic stock market, South Korea's composite consumer confidence index surged to 112.1 in February. This marks its highest point since November of the previous year and significantly exceeds the neutral benchmark of 100, signaling that residents harbor an optimistic outlook on the economy. In the stock market realm, South Korea's benchmark stock index, the KOSPI, has witnessed a more than twofold increase compared to the same period last year. Semiconductor giants Samsung Electronics and SK Hynix have experienced sustained upward trajectories in their stock prices, emerging as pivotal drivers propelling the index to greater heights.
