Despite news of a sharp rally in the New York stock market following the U.S.-China mutual tariff agreement, the KOSPI started slightly lower on May 13. The display board at the main branch of Hana Bank in Jung-gu, Seoul shows the KOSPI and the won/dollar exchange rate. On this day, the KOSPI began trading at 2,609.16, up 1.83 points from the previous session, while the won/dollar exchange rate opened at 1,415.0 won, up 12.6 won.
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