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South Korean Stocks Rally for Second Day as U.S. Tariff Concerns Ease

Market gains driven by strong performances in key sectors and positive signals from U.S. trade policy shifts.

This photo shows a dealing room at Hana Bank in central Seoul on April 16, 2025. (Yonhap)
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Overview

  • The Korea Composite Stock Price Index (KOSPI) rose 0.88% on Tuesday, marking its second consecutive day of gains.
  • Investor sentiment improved following U.S. President Trump's announcements regarding tariff exemptions for electronics and a potential pause on auto parts tariffs.
  • Key sectors, including semiconductors, automotives, and batteries, led the market rally, with companies like Samsung Electronics and Hyundai Motor posting notable gains.
  • The Korean won reached a four-month high against the U.S. dollar, reflecting broader economic stability and optimism.
  • Retail investors were active buyers, while foreign and institutional investors registered net sales during the trading sessions.