[Photo] KOSPI Buying Sidecar Triggered as Trump’s Imminent End-of-War Remarks Stabilize Oil Prices
On March 10, at the Hana Bank headquarters dealing room in Jung-gu, Seoul, dealers are at work as a buying sidecar was triggered early in the session after a sharp rebound in the KOSPI index, following remarks by U.S. President Donald Trump suggesting an imminent end to the war, which stabilized oil prices. On this day, the KRW-USD exchange rate opened at 1,470.8 won, down 24.7 won from the previous trading session, and West Texas Intermediate crude oil fell below 90 dollars per barrel.
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