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KOSPI Rises Despite Global Market Concerns Over Tariffs

KOSPI sees gains, up 2.7% over four sessions. However, concerns about tariffs and global economic health may stall further growth.

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AI Rating:   5

Market Performance: The KOSPI continued its upward trajectory, gaining over 70 points or 2.7% in recent sessions, concluding at 2,637.10 on Thursday. This performance highlights the resilience of particular sectors, particularly financial and technology.

Sector Contributions: Key players like Samsung Electronics and LG Chem showed significant gains, with Samsung Electronics up 2.92% and LG Chem skyrocketing by 6.20%. These strong performances from influential companies could have positive implications for investor sentiment moving forward.

Global Market Influences: Despite the KOSPI's rise, the global forecast remains weak due to ongoing concerns over tariffs and economic health. The U.S. and European markets showed slight declines, indicating that external headwinds may impact the positive momentum of the KOSPI.

Federal Reserve Insights: The Federal Reserve's decision to leave interest rates unchanged alongside lower GDP growth projections may create cautious sentiment among investors, potentially affecting stock prices negatively. The forecast reduction for GDP growth in 2025 from 2.1% to 1.7% could raise concerns regarding economic stability.

Commodities Impact: Oil prices increased following new sanctions on Iran, which could indirectly benefit energy stocks and influence some companies within the broader market context.

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