South Korean shares rose more than 1% on Monday to their highest level since May 2022, as chipmakers jumped and foreign buying continued on optimism around the government's corporate reform plan. The benchmark KOSPI closed up 31.50 points, or 1.19%, at 2,680.26 - its highest level since May 31, 2022.
Foreigners were net buyers of shares worth 607.6 billion won ($455.10 million) in their 18th session of buying out of the last 20 sessions. In the other two, their sales were by just small margins.
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