Traders on the KOSPI floor reacting positively to a sharp market surge after Trump-Iran news.
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KOSPI surges 6.44 percent at open on Trump Iran settlement remarks

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Kiswahili

Seoul stocks opened sharply higher on June 12 as investors reacted to U.S. President Donald Trump's statement that a great settlement had been reached with Iran.

The benchmark Korea Composite Stock Price Index (KOSPI) opened up 499.9 points, or 6.44 percent, at 8,263.85. By 9:10 a.m. it had risen further to 8,272.13, a gain of 506.95 points or 6.53 percent.

The Korea Exchange activated a buy-side sidecar, suspending program trading for five minutes after the KOSPI 200 Futures index rose more than 5 percent.

On Thursday local time President Trump said he had canceled scheduled strikes against Iran after reaching a great settlement, with a deal possibly to be signed in Europe this weekend. Iran has not confirmed the claim.

The KOSPI tracked overnight gains on Wall Street while U.S. producer inflation data for May showed its largest annual increase in three years.

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Initial reactions on X highlight the sharp KOSPI surge tied to Trump's Iran deal comments, with market updates noting gains up to 6.8%. Some posts express skepticism over the deal's completion, citing Iranian denials, while one critic accuses market manipulation. Neutral reports focus on volatility like circuit breakers and regional stock rises.

Makala yanayohusiana

Seoul stock traders celebrating KOSPI surge amid Iran peace hopes
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Seoul stocks surge over 4 percent on Iran peace hopes

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Seoul stocks rose sharply on Friday as investors bet on a possible end to the conflict between the United States and Iran. The benchmark KOSPI index climbed more than 4 percent to close above 8,000 again.

Seoul stocks open sharply higher despite faltering US-Iran peace hopes

Seoul stocks opened sharply higher on Monday, with the KOSPI index rising more than 1% and hitting a fresh intraday record, despite fading hopes for a US-Iran peace breakthrough over the weekend. US President Donald Trump canceled a planned trip by US negotiators to Pakistan, while Iran's Foreign Minister Abbas Araghchi headed to Russia.

Seoul shares open at record high on eased Middle East tensions

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South Korean stocks opened at a fresh record high on Monday after U.S. President Donald Trump announced plans to free ships stranded in the Strait of Hormuz, amid Washington and Tehran exchanging peace talk proposals. The benchmark KOSPI surged 2.79% to 6,782.93 at the open. Eased Middle East tensions drove the rally.

Asia

Seoul shares rise over 1 percent ahead of U.S.-Iran ceasefire talks

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Seoul shares top 7,000 at opening bell for first time

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Seoul stocks drop 4.5% on Trump's hard-line Iran remarks

Seoul stocks plunged 4.47% on U.S. President Donald Trump's renewed threats against Iran, closing the benchmark KOSPI at 5,234.05 after a 244.65-point drop. The Korean won weakened to 1,519.7 against the dollar. Hopes for a swift end to the monthlong Middle East war faded, driving global oil prices higher.

Seoul shares open sharply higher on US-Iran peace talk hopes

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South Korean stocks opened sharply higher Tuesday amid revived hopes for US-Iran peace talks after a US naval blockade of the Strait of Hormuz. The benchmark KOSPI surged 2.61% to 5,960 at open, while the won strengthened to 1,478.8 per dollar, up 10.5 won.

Seoul shares open slightly higher amid Iran peace hopes

South Korean stocks opened slightly higher on Friday, tracking overnight gains on Wall Street amid rising hopes for a diplomatic resolution to the conflict between the United States and Iran.

Seoul shares open strong on eased Middle East tensions

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Korean stocks opened sharply higher Friday following reports that the United States and Iran have reached an agreement to extend the current ceasefire.

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