The South Korean stock market rallied sharply after US President Trump announced a 90-day suspension of reciprocal tariff implementation. The KOSPI closed at 2,445.06, up 6.6% from the previous trading day, while the KOSDAQ index rose 5.97%. This was driven by foreign investors returning to net buying after 11 trading days, purchasing spot and futures contracts worth over 1.1 trillion won. Share prices of industries affected by the US-China trade dispute, particularly semiconductors and batteries, surged significantly. The exchange rate stabilized at 1,456.4 won.
