# Kospi soars over 3,100 amid waning geopolitical fears - The Korea Herald

> The Kospi closed above 3,100 for the first time since September 2021 after Trump announced an Iran-Israel ceasefire, with offshore investors net buyers. Chip stocks led the rally, and the won also strengthened against the dollar.

- Date: 2025-06-24 · published 2025-06-24T12:00:00.000Z
- Category: market · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/24448-kospi-soars-over-3-100-amid-waning-geopolitical-fears-the-korea-herald
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

This is an equity-market story with little direct effect on feed commodity supply or demand; the ceasefire reduces Middle East risk premiums in energy and freight.

## Sources

- koreaherald.com: https://www.koreaherald.com/article/10516658

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.