TOKYO — South Korean stocks rose on Monday morning, extending gains from last week, as global investors pin their hopes on policy reforms led by the country’s new leadership.
The benchmark KOSPI climbed 2% to 2,867.27 at one point, with SK Hynix up 3.8% and Samsung Electronics up 2.2%. The index has jumped nearly 7% since the presidential election held on Tuesday and is in a bull market.
