South Korea's stock market has experienced a notable rally following the inauguration of the new president last week. The KOSPI index surpassed the 2,900 level after rising for six consecutive days leading up to the election, marking its highest point in over three years. This surge is attributed to renewed foreign investor interest and strong performances in technology and automotive sectors. Market indicators such as the 14-day Relative Strength Index (RSI) have reached levels not seen since January 2021, reflecting a parabolic upward trend in recent weeks. Options traders are also anticipating continued gains, signaling optimism about the market's trajectory under the new administration.