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Markets2h 42m ago

South Korean stocks recorded a strong jump on Friday, with the benchmark KOSPI surging more than 8 percent, as investors cheered signs of easing geopolitical tensions in the West Asia.

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South Korea, West Asia, Washington D.C., Europe

Who
US President Donald Trump, Iran
What
South Korean stocks recorded a strong jump on Friday, with the benchmark KOSPI surging more than 8 percent, as investors cheered signs of easing geopolitical tensions in the West Asia.
When
Fri, 12 Jun 2026 05:21:22 GMT · 2h 42m ago
Where
South Korea, West Asia, Washington D.C., Europe ·
Why
Market sentiment improved after Trump indicated that negotiations with Iran were nearing completion and that a formal agreement could be finalised in the coming days.
The Frontline Impact

How this affects you

The KOSPI has gained 95.43 percent so far this year, supported largely by strong buying in semiconductor stocks amid continued enthusiasm around artificial intelligence (AI)-related themes. An agreement between the US and Iran could lead to the reopening of the Strait of Hormuz, a key global energy shipping route.

Story chain

27 events in this thread
  1. Markets22m ago
    Iranian Parliament Speaker Mohammad Bagher Ghalibaf warned that “wrong strategies and impulsive decisions” could trigger a broader crisis that would devastate energy infrastructure and roil global markets, as Iran disputed President Donald Trump’s claims of a peace agreement.
    Open article
  2. Markets22m ago
    Iranian Parliament Speaker Mohammad Bagher Ghalibaf warned that “wrong strategies and impulsive decisions” could trigger a broader crisis that would devastate energy infrastructure and roil global markets.
    Open article
  3. Markets51m ago
    Gold and silver prices rose on Friday, supported by hopes of progress in peace negotiations related to the ongoing West Asia conflict.
    Open article
  4. Markets51m ago
    Gold and silver prices rose on Friday, with gold futures for August delivery touching an intraday high of Rs 1,50,600 per 10 grams on the Multi Commodity Exchange (MCX).
    Open article
  5. Markets51m ago
    Gold and silver prices rose on Friday, supported by hopes of progress in peace negotiations related to the ongoing West Asia conflict.
    Open article
  6. Markets2h 29m ago
    Asian stocks extended a global rally on Friday as hopes grew for a potential Middle East peace deal.
    Open article
  7. Markets2h 29m ago
    Asian stocks extended a global rally on Friday as hopes grew for a potential Middle East peace deal, causing the dollar and bond yields to dip, while oil prices hit two-month lows, easing inflation concerns.
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  8. Currently Reading2h 42m ago
    South Korean stocks recorded a strong jump on Friday, with the benchmark KOSPI surging more than 8 percent, as investors cheered signs of easing geopolitical tensions in the West Asia.
  9. Markets2h 49m ago
    Bitcoin traded at $63,550 on Friday, up 1.6% on the day, with President Donald Trump stating the US was close to a deal with Iran and he had "ended the war with Iran today."
    Open article
  10. Markets2h 54m ago
    China and Hong Kong stocks experienced a rebound on Friday, with the Shanghai Composite potentially achieving its first weekly gain in a month.
    Open article
  11. Markets2h 54m ago
    China and Hong Kong stocks experienced a rebound on Friday, marking a potential weekly gain for the Shanghai Composite.
    Open article
  12. Markets3h 11m 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
  13. Markets3h 48m 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
  14. Markets3h 54m 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
  15. Markets3h 58m 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
  16. Markets4h 58m 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.
    Open article
  17. Markets4h 58m ago
    Gold jumped the most in more than two months after US President Donald Trump said he canceled planned military strikes against Iran.
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  18. Markets5h 38m 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.
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  19. Markets5h 38m 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.
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  20. Markets5h 38m 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
  21. Markets5h 55m 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
  22. Markets5h 55m 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.
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  23. Markets6h 31m ago
    South Korea's Kospi advanced 7.01% at open, while the small-cap Kosdaq added 3.25% on June 12.
    Open article
  24. Markets7h 1m 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.
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  25. Markets7h 23m 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
  26. Markets8h 7m 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
  27. Markets9h 53m 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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