[Photo] Stock Market 'Relief Rally' on Ceasefire News... Sharp Drop in Won-Dollar Exchange Rate
On April 8, following news of a ceasefire agreement between the United States, Israel, and Iran, the KOSPI index surged nearly 7% to close the session. Various indexes are displayed on the market board at the Hana Bank dealing room in Jung-gu, Seoul. On this day, Samsung Electronics soared by 7.12%, breaking above the 200,000 won mark for the first time in 13 trading days since March 20, while SK Hynix jumped 12.277%, recovering the 1 million won level.
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