Apr. 21 at 2:48 AM
South Korea’s benchmark Kospi index rose roughly 2% at Tuesday’s open, supported by optimism over a potential resumption of peace talks between Washington and Tehran.
After the first hour of trading, the index was up 2.15% (133.40 points) at 6,352.49, extending momentum from Monday’s 0.44% gain. Meanwhile, the tech-heavy Kosdaq index was largely flat at 1,175.33, indicating more selective investor positioning in growth stocks.
The upward move in the Kospi followed comments from U.S. President Donald Trump, who said peace talks with Tehran could resume between Tuesday and Wednesday. Sentiment was further shaped by reports that Vice President JD Vance may soon travel to Pakistan, signaling renewed diplomatic activity in the region.
In the semiconductor sector, a key driver of the Korean market, Samsung Electronics rose 1.5%, while SK Hynix surged nearly 5%, reflecting continued strength in chip-related demand expectations.
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