South Korean shares, specifically the benchmark KOSPI, closed up 1.19% at 2,680.26 – its highest level since May 2022. Foreign investors were net buyers of shares worth $455.10 million in their 18th session of buying out of the last 20 sessions. The South Korean government is expected to soon announce a programme to boost the value of Seoul-listed companies, which includes tax incentives, to encourage higher shareholder returns. Chipmaker Samsung Electronics rose 1.37% and SK Hynix gained 3.07%, while LG Energy Solution slipped 3.05%. Financial stocks on the KOSPI rose 2% due to huge inflows of foreign money, as lead gainers benefiting from the government’s push to boost undervalued stocks. The focus is now on U.S. chipmaker Nvidia’s earnings and China’s interest rate policy this week, as well as the Bank of Korea’s rate decision meeting on Thursday.