South Korean Stocks Hit Fresh Record After Historic Rally as Global Markets React to Middle East Tensions

South Korean stocks surged to a fresh all-time high on Monday, extending a powerful momentum that followed their strongest monthly performance in nearly three decades. The rally reflects growing investor confidence across Asia-Pacific markets despite rising geopolitical uncertainty.

The bullish trend comes as global investors closely monitor tensions in the Middle East. U.S. President Donald Trump announced a plan called “Project Freedom,” aimed at assisting civilian ships stranded in the Strait of Hormuz amid ongoing conflict involving Iran. The initiative includes military support such as guided-missile destroyers, aircraft, unmanned systems, and thousands of service members, according to U.S. Central Command.

The announcement added volatility to global energy markets, with oil prices swinging sharply. West Texas Intermediate crude climbed to around $102.92 per barrel, while Brent crude rose above $109, as traders assessed potential disruptions in one of the world’s most critical shipping routes.

Across Asia-Pacific markets, sentiment remained largely positive. South Korea’s KOSPI index stood out with a strong 5.12% jump, driven by gains in major tech giants like Samsung Electronics and SK Hynix, both of which hit record intraday levels. Other regional markets, including Hong Kong’s Hang Seng and India’s Nifty 50, also posted gains, while Australia’s ASX 200 lagged slightly.

Meanwhile, U.S. stock futures traded near the flatline as investors balanced record highs in the S&P 500 and Nasdaq with concerns over global instability. Analysts say markets are currently being driven by a mix of strong corporate earnings, tech-sector optimism, and heightened geopolitical risk.