KOSPI Rises 2.11 Percent to 8,726.6 on U.S.-Iran Deal Optimism
Seoul stocks extended a four-day winning streak Tuesday after President Trump said a preliminary agreement had been signed to end the conflict with Iran and reopen the Strait of Hormuz. Foreign investors bought a net 1.54 trillion won of Korean shares.
YonhapU.S. President Donald Trump that a preliminary agreement had been signed to end the conflict with Iran and that the Strait of Hormuz would be completely opened on Friday. 6, marking its fourth consecutive gain.
08 billion, with 518 stocks advancing and 359 declining. S. equities also moved higher. 1 percent, and the Dow Jones Industrial Average reached a record high.
S. 75 per barrel. 53 billion won.
18 trillion won. 78 percent. 23 percent to 1,501,000 won.
Defense and construction shares also advanced. 13 percent to 1,183,000 won. 85 percent to 1,002,000 won after announcing a partnership with German defense firm Rheinmetall to cooperate in air defense systems.
87 percent to 27,450 won. S. 5 won from the prior session. 905 percent.
-Iran deal and falling oil prices strengthened risk appetite," Lee Kyoung-min, an analyst at Daishin Securities, said. S.
