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KOSPI jumps over 3 percent to close at 5,638 led by foreigners and institutions

South Korea\'s KOSPI climbed more than 3 percent to reclaim the 5,630 level, lifted by joint buying from foreign investors and institutions. The index briefly rose above 5,700 in intraday trade before paring gains later in the session. Foreigners and institutions were net buyers, while individuals sold. Heavyweight semiconductor shares led advances, while Samsung Biologics fell. The KOSDAQ also ended higher, and the won strengthened against the dollar.