KOSDAQ Surges 5.88% Extending Gains, Nikkei Rises 0.32% on August 4

South Korea's KOSDAQ jumped 5.88%, triggering buy-side halts and marking a third day of gains. Japan's Nikkei rose 0.32% with Kioxia leading tech stocks higher.

Woofun AI data shows that the Nikkei 225 index closed at 63,957.53 points on Tuesday, August 4, gaining 202.63 points or 0.32%, with Kioxia shares rising over 4%. South Korea's KOSPI index recovered from an intraday dip of over 2% to close up 101.5 points, or 1.62%, at 6,358.95 points.

The KOSDAQ index surged 5.88%, extending its winning streak to three consecutive trading days and activating a buy-side program trading halt mechanism during the session. SK Hynix edged up 0.63%, while Samsung Electronics rose 0.2%.