STOCKS | Japan and South Korea Stocks Close Higher After Intraday Sell-Off in Seoul

Japan and South Korea stock markets ended higher, even as South Korean benchmarks briefly fell more than 5% during the session. According to Jin10, the Nikkei 225 closed up 500.77 points, or 0.74%, at 67,743.50 on July 14 (Tuesday). Kioxia rose 5.3%, and SoftBank gained 2.2%. South Korea’s KOSPI closed up 49.9 points, or 0.73%, at 6,856.83 on July 14 (Tuesday), after dropping more than 5% intraday. The KOSDAQ closed down 1.92% after also falling more than 5% during the session and triggering a halt mechanism for program trading. In individual stocks, SK Hynix closed up 3.6%, and Samsung Electronics rose 3.3%.