MSCI World Index Hits 6th Record High as Asia Rises 1.1%
Updated
Updated · Bloomberg · May 27
MSCI World Index Hits 6th Record High as Asia Rises 1.1%
15 articles · Updated · Bloomberg · May 27
A sixth straight gain pushed the MSCI All Country World Index to another record on May 27, extending a global equity rally as oil prices slipped.
Technology shares drove the move and easing geopolitical tensions added support, lifting MSCI’s Asian benchmark 1.1% to an all-time high.
South Korea led the advance: the Kospi has doubled this year, making it the world’s best-performing major equity gauge.
Chip stocks remained the standout, with SK Hynix extending its 12-month gain beyond 1,000% and becoming only the third Asian company to reach a $1 trillion market value.
The surge underscores how AI-linked semiconductor demand is increasingly setting the pace for global stock markets.
Beyond its stock price, how is the SK Hynix-NVIDIA-TSMC alliance reshaping global tech power and geopolitical risk?
Is SK Hynix's massive bet on AI memory a masterstroke or the prelude to a historic industry downturn?