TOKYO — South Korean stocks rose on Monday, 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 4% and Samsung Electronics up 2.2%, before trimming gains. The index has jumped nearly 7% since the presidential election held on Tuesday and is in a bull market.
