South Korea's stock market is experiencing a five-day winning streak following President Yoon's impeachment.

• After President Yoon Suk Yeol was impeached on Saturday, South Korean markets have been experiencing gains for five consecutive days.
• On Monday morning, the blue-chip Kospi rose by 0.42%, while the small-cap Kosdaq experienced a 0.86% increase.

Following the impeachment of President Yoon Suk Yeol on Saturday, South Korean markets have been experiencing gains for the past five days.

Yoon's impeachment in South Korea's National Assembly was successful as 204 lawmakers voted in favor of the motion, surpassing the two-thirds majority required to remove Yoon from office. The vote was prompted by Yoon's brief announcement of martial law.

On Monday morning, the small-cap Kosdaq rose by 0.58%, while the blue-chip stock remained unchanged.

On Dec. 3, Yoon declared martial law for the first time in over 40 years in Asia's fourth-largest economy. However, he rescinded the order hours later after 190 lawmakers voted against it.

On Dec. 7, opposition lawmakers attempted to pass an initial impeachment vote against Yoon, but it fell short of the 200-vote threshold due to the absence of ruling party members.

Since the close of Dec. 3, the last trading day before martial law was declared, the Kospi has gained approximately 2.2%, while the Kosdaq has gained about 1.1%.

Last week, both indexes rebounded strongly after initially falling following the martial law flip-flop and failed first impeachment vote. The Kospi hit its lowest level since November 2023 on Dec. 9.

Since the Dec. 9 low, the Kospi has experienced a 6% increase, while the Kosdaq has recorded an 11% climb.