The KOSPI closed at 8,047.51 (+2.55%) as bullish sentiment propelled the index to its 52-week high, reflecting strong investor confidence amid positive economic indicators. This upward movement signals a robust recovery trajectory, particularly as the index has decisively surpassed key moving averages, indicating sustained momentum.

Technically, the KOSPI is well positioned above both the 20-day simple moving average (SMA-20) at 7,341.12 and the 50-day simple moving average (SMA-50) at 6,382.64, reinforcing the bullish outlook. The relative strength index (RSI) stands at 68.1, suggesting the index is in neutral territory, allowing for further upside potential without immediate overbought concerns.

Looking ahead, the KOSPI faces resistance at the psychological level of 8,100, while support is established at the previous close of 7,847.71. A sustained move above 8,100 could signal further bullish momentum, while a drop below 7,847.71 would warrant caution among investors.