Seoul stocks jump over 8 pct amid hopes for end to Middle East conflict | Yonhap News Agency

## Summary
OK SEOUL, April 1 (Yonhap) -- Seoul stocks surged Wednesday, led by gains in chipmakers and other big-cap tech shares, as hopes grew for a possible end to the U.S.-Iran conflict. President Donald Trump said Tuesday (U.S. time) that the United States could end its military operation against Iran within "two or three weeks," adding, "All I have to do is leave Iran." Iranian President Masoud Pezeshkian also told European Council President Antonio Costa that Tehran has the "necessary will" to end the war, provided its adversaries guarantee it will not reignite, according to foreign media reports. Korea's monthly exports top US$80 bln mark for 1st time in March (LEAD) Seoul launches new consultation body of top finance officials for macroeconomic response Keywords #KOSPI #stock market Articles with issue keywords Most Liked (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot (News Focus) Han Kang's NBCC win again spotlights art of translation (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Most Saved (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma (News Focus) Han Kang's NBCC win again spotlights art of translation Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot Liberal ex-prime minister to declare mayoral bid in conservative stronghold Most Viewed All Categories (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S. Korea Tass news agency's delegation in Pyongyang Tass news agency's delegation in Pyongyang prev Seoul stocks jump over 8 pct amid hopes for end to Middle East conflict Next Seoul stocks jump over 8 pct amid hopes for end to Middle East conflict

## Article Content
Facebook
X
More
Pinterest
Linked in
Tumblr
Reddit
Facebook Messenger
Copy URL
URL is copied.
OK
SEOUL, April 1 (Yonhap) -- Seoul stocks surged Wednesday, led by gains in chipmakers and other big-cap tech shares, as hopes grew for a possible end to the U.S.-Iran conflict. The Korean won strengthened sharply against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) rose 426.24 points, or 8.44 percent, to 5,478.7, snapping a four-day losing streak.
Tracking overnight gains on Wall Street, the index opened nearly 5.5 percent higher and extended gains on solid institutional buying.
The Korea Exchange (KRX), the country's main bourse operator, activated a five-minute buy-side sidecar about seven minutes after the opening bell, temporarily halting program-driven buy orders in KOSPI futures.
The rally came after 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," adding, "All I have to do is leave Iran."
Iranian President Masoud Pezeshkian also told European Council President Antonio Costa that Tehran has the "necessary will" to end the war, provided its adversaries guarantee it will not reignite, according to foreign media reports.
The conflict, which began in late February following U.S.-Israeli strikes on Iran, has driven up global oil prices amid supply disruptions, rattling financial markets and fueling concerns over inflation and a potential economic slowdown.
This combined image with AP and EPA photos shows U.S. President Donald Trump (L) and Iranian President Masoud Pezeshkian. (Yonhap)
graceoh@yna.co.kr
(END)
Related Articles
(2nd LD) Trump says U.S. might end war with Iran in '2 or 3 weeks'
S. Korean currency surges on Trump's signaling of end to Middle East war
(2nd LD) S. Korea's monthly exports top US$80 bln mark for 1st time in March
(LEAD) Seoul launches new consultation body of top finance officials for macroeconomic response
Keywords
#KOSPI
#stock market
Articles with issue keywords
Most Liked
(2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma
Paik Kun-woo, at 80, says 'Music chose me'
(Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot
(News Focus) Han Kang's NBCC win again spotlights art of translation
(LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang'
Most Saved
(2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma
(News Focus) Han Kang's NBCC win again spotlights art of translation
Paik Kun-woo, at 80, says 'Music chose me'
(Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot
Liberal ex-prime minister to declare mayoral bid in conservative stronghold
Most Viewed
All Categories
(LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S.
Korean Air to enter emergency management mode over soaring fuel costs
S. Korea to remove 'China (Taiwan)' label from e-arrival system after Taiwan's protest
(LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed
(News Focus) With 'Arirang,' BTS proves endurance beyond long break
Most Viewed More
Most Viewed Photos
Tass news agency's delegation in Pyongyang
Indonesian president visits S. Korea
Tass news agency's delegation in Pyongyang
Tass news agency's delegation in Pyongyang
prev
Seoul stocks jump over 8 pct amid hopes for end to Middle East conflict
Next
Seoul stocks jump over 8 pct amid hopes for end to Middle East conflict

---

## Expert Analysis

### Merits
N/A

### Areas for Consideration
- Korea's monthly exports top US$80 bln mark for 1st time in March (LEAD) Seoul launches new consultation body of top finance officials for macroeconomic response Keywords #KOSPI #stock market Articles with issue keywords Most Liked (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot (News Focus) Han Kang's NBCC win again spotlights art of translation (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Most Saved (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma (News Focus) Han Kang's NBCC win again spotlights art of translation Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot Liberal ex-prime minister to declare mayoral bid in conservative stronghold Most Viewed All Categories (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S.

### Implications
- President Donald Trump said Tuesday (U.S. time) that the United States could end its military operation against Iran within "two or three weeks," adding, "All I have to do is leave Iran." Iranian President Masoud Pezeshkian also told European Council President Antonio Costa that Tehran has the "necessary will" to end the war, provided its adversaries guarantee it will not reignite, according to foreign media reports.
- President Donald Trump (L) and Iranian President Masoud Pezeshkian. (Yonhap) graceoh@yna.co.kr (END) Related Articles (2nd LD) Trump says U.S. might end war with Iran in '2 or 3 weeks' S.
- Korea's monthly exports top US$80 bln mark for 1st time in March (LEAD) Seoul launches new consultation body of top finance officials for macroeconomic response Keywords #KOSPI #stock market Articles with issue keywords Most Liked (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot (News Focus) Han Kang's NBCC win again spotlights art of translation (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Most Saved (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma (News Focus) Han Kang's NBCC win again spotlights art of translation Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot Liberal ex-prime minister to declare mayoral bid in conservative stronghold Most Viewed All Categories (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S.
- Korea to remove 'China (Taiwan)' label from e-arrival system after Taiwan's protest (LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed (News Focus) With 'Arirang,' BTS proves endurance beyond long break Most Viewed More Most Viewed Photos Tass news agency's delegation in Pyongyang Indonesian president visits S.

### Expert Commentary
This article covers end, president, news topics. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 569.