Kospi crosses 4,000 on optimism over US-China trade talks

October 27, 2025 / 8:24 AM

Sharjah24-AFP: South Korea’s benchmark Kospi index rose above 4,000 points for the first time on Monday, driven by optimism about progress in US–China trade negotiations. The index increased by more than 90 points, or 2.3 per cent, to reach 4,031 in the first hour of trading, reflecting strong investor confidence.

The surge occurred as US President Donald Trump and China’s President Xi Jinping prepared to meet in South Korea later this week, following reports of productive talks between top negotiators in Malaysia.

Market confidence strengthens

Investors responded positively to signs that the world’s two largest economies are nearing a trade agreement. The market’s strong opening reflected expectations that easing tensions could improve exports, manufacturing, and overall economic stability.

The Kospi’s rise signifies a notable moment for South Korea’s financial markets, highlighting optimism for enhanced global trade relations and ongoing economic growth.