Seoul Bourse Jumps Over 6% Following Record Earnings from SK Hynix

Shares of the South Korean chipmaker surged 10% on record quarterly results, driving sharp gains across the Seoul stock market.

The Seoul stock exchange jumped by more than 6% following particularly strong financial results published by South Korean chipmaker SK Hynix, Israeli financial newspapers Globes and Calcalist reported.

According to the reports, SK Hynix's share price surged 10% after the firm posted record quarterly results. The sharp rise in the chipmaker's shares drove a jump of about 6.5% in the benchmark index of the Seoul bourse.

Full data regarding the company's total revenue and net quarterly profit have not yet been released in the reports.