Seoul shares open sharply higher amid hopes for end to Middle East war
3 Articles
3 Articles
KOSPI Surges Over 5% on Expectations of End to Middle East War; Buy-side Circuit Triggered for First Time in 14 Days; Favorable Winds See End of War in Sight; KOSPI Breaks 5,300 Mark, Samsung Electronics and SK Hynix Soar. The domestic stock market opened sharply higher on the 1st, driven by expectations of a peace treaty between the U.S./Israel and Iran. As of 9:30 AM on this day, the KOSPI index...
Seoul shares open sharply higher amid hopes for end to Middle East war
Korean stocks started sharply higher Wednesday amid hopes for an end to the monthlong war in the Middle East. The benchmark Korea Composite Stock Price Index (KOSPI) opened at 5,330.04, up 277.58 points, or 5.49 percent, from the previous session. The surge came as U.S. President Donald Trump said Tuesday (U.S. time) that the United States could end its military operation against Iran within "two or three weeks," saying, "All I have to do is lea…
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