FX.co ★ South Korean Shares End 4-Session Losing Streak

On Tuesday, the benchmark KOSPI index increased by 1.4%, reaching 2,361 points, successfully ending a four-session downward trend and recovering from a recent seventeen-month low. This rebound was primarily fueled by substantial gains within major sectors. The technology sector experienced significant growth, with Samsung Electronics advancing 2.6% and SK Hynix soaring 4.1%. Battery stocks demonstrated robustness as well, with LG Energy Solution climbing 1.4% and Samsung SDI increasing by 1.2%. At the same time, investors continued to assess the persistent uncertainties related to tariff policies under US President Donald Trump. Speculation emerged on Monday about a potential 90-day pause on tariffs, although the White House swiftly refuted this rumor. Furthermore, Trump is contemplating implementing an additional 50% tariff on China in retaliation to Beijing's countermeasures announced the previous Friday. In South Korea, the current account surplus reached $7.18 billion in February 2025, marking the tenth consecutive month of surplus, buoyed by robust export performance.