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Markets2h 16m ago

South Korean stocks jumped as risk appetite improved after President Donald Trump said the US was nearing an agreement with Iran to end the war.

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South Korea

Who
President Donald Trump, Samsung Electronics Co., SK Hynix Inc.
What
South Korean stocks jumped as risk appetite improved after President Donald Trump said the US was nearing an agreement with Iran to end the war.
When
Fri, 12 Jun 2026 03:05:22 GMT · 2h 16m ago
Where
South Korea ·
Why
President Donald Trump's announcement about a potential US-Iran agreement lifted risk appetite, specifically boosting South Korean chip stocks.
The Frontline Impact

How this affects you

The South Korean stock market experienced significant volatility, with the Kospi Index surging 8% due to hopes for a US-Iran deal, highlighting the market's sensitivity to global geopolitical developments and the substantial influence of its key tech stocks, Samsung and SK Hynix.

Story chain

17 events in this thread
  1. Markets12m ago
    China and Hong Kong stocks experienced a rebound on Friday, marking a potential weekly gain for the Shanghai Composite.
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  2. Markets30m ago
    The Nifty Auto index rallied 2%, with several auto stocks like Ashok Leyland and Bosch surging up to 4% in Friday's intra-day trade, after crude oil prices slipped below $90 a barrel.
    Open article
  3. Markets1h 6m ago
    Indian shares advanced on Friday as oil prices fell after U.S. President Donald Trump cancelled plans to strike Iran, citing progress in talks.
    Open article
  4. Markets1h 12m ago
    The BSE Sensex jumped 981 points, or 1.33%, to 74,814 in early trade, while the NSE Nifty 50 gained 272 points, or 1.17%, to trade at 23,434.
    Open article
  5. Markets1h 16m ago
    Indian equity markets rose in the morning session on Friday, with Sensex surging 1.35 percent and Nifty rising 1.26 percent.
    Open article
  6. Currently Reading2h 16m ago
    South Korean stocks jumped as risk appetite improved after President Donald Trump said the US was nearing an agreement with Iran to end the war.
  7. Markets2h 17m ago
    Gold jumped the most in more than two months after US President Donald Trump said he canceled planned military strikes against Iran.
    Open article
  8. Markets2h 56m ago
    Stock markets across Asia surged following President Donald Trump's announcement that planned strikes on Iran were canceled, with Brent crude futures falling below $90 a barrel.
    Open article
  9. Markets2h 56m ago
    Stock markets across Asia surged, with Korea's Kospi soaring nearly 8 per cent, on optimism over the US decision to not go ahead with planned strikes on Iran.
    Open article
  10. Markets2h 56m ago
    Stock markets across Asia surged, with Korea's Kospi soaring nearly 8 per cent, following optimism over the US decision to not go ahead with planned strikes on Iran.
    Open article
  11. Markets3h 13m ago
    Indian markets are predicted to open positively today, June 12, 2026, following a strong global equities rally driven by optimism for a US-Iran peace deal.
    Open article
  12. Markets3h 13m ago
    Indian benchmark indices Sensex and Nifty 50 are likely to open on a positive note on Friday, tracking strong gains across global markets after optimism grew over a possible peace agreement between the United States and Iran.
    Open article
  13. Markets3h 49m ago
    South Korea's Kospi advanced 7.01% at open, while the small-cap Kosdaq added 3.25% on June 12.
    Open article
  14. Markets4h 20m ago
    U.S. President Donald Trump announced that the U.S. had reached a "great settlement" to end the war with Iran, which drove oil prices lower and U.S. markets to rally.
    Open article
  15. Markets4h 42m ago
    Asian stocks rallied on Friday due to hopes of a Middle East peace deal and anticipation of Elon Musk's SpaceX IPO, which raised a record $75 billion, while oil prices fell to two-month lows tempering inflation fears.
    Open article
  16. Markets5h 25m ago
    US stocks rallied, adding $1.2 trillion in market value, after President Donald Trump signaled a possible Iran deal and reports emerged of cancelled airstrikes.
    Open article
  17. Markets7h 11m ago
    US stocks rallied and oil prices tumbled on Thursday after US President Trump announced the cancellation of planned strikes on Iran and touted a deal with the country.
    Open article

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