Japan and South Korean stock markets closed higher, with SK Hynix surging nearly 11%

on October 28, the Nikkei 225 index closed up 685.82 points, rising 1.08% to 63,954.19 points, with chip stocks leading the rally as Kioxia gained nearly 14%.

The South Korean KOSPI index closed up 374.1 points, surging 6.63% to 6,012.44 points, reclaiming the 6,000-point mark after 10 trading days. SK hynix advanced nearly 11%, while Samsung Electronics rose approximately 9%.