Kospi tops pre-war peak as tensions ease

South Korea’s benchmark Kospi rose to a fresh intraday high on Tuesday, surpassing its previous peak set before the outbreak of the Iran war. The index opened at 6,302.54, up 1.34 percent from the previous session. Shortly after the opening bell, it broke above its previous intraday high of 6,347.41 and touched as high as 6,355.39. As of 9:20 a.m., the Kospi stood at 6,337.44, up 1.9 percent. Foreign investors drove the rally, net buying 162.5 billion won ($110.5 million) worth of shares, while

By The Korea Herald