De-escalation signals emerge in US-Iran conflict; KOSPI surges over 6%, Xtrackers MSCI Korea UCITS ETF (02848.HK) opens up more than 8%

NewTimeSpace News:Signs of easing tensions emerge between the U.S. and Iran. On April 1, gains expanded across Japanese and South Korean equities, with the KOSPI surging over 6%. SK Hynix jumped nearly 9%, Samsung Electronics advanced more than 8%, and Hyundai Motor climbed over 7%. TheXtrackers MSCI Korea UCITS ETF(02848.HK) opened up over 8%.

Data released Wednesday by the South Korean government showed March exports exceeded $80 billion for the first time ever, soaring nearly 50% year-on-year. Semiconductor exports reached a record $32.8 billion.

According to HKEX data,Xtrackers MSCI Korea UCITS ETF(02848.HK) tracks the MSCI Korea 20/35 Custom Index, a "capped index" designed by MSCI to comply with EU UCITS regulatory requirements. While maintaining representation and investability across Korea's large- and mid-cap universe, the index reduces single-company concentration risk through hard weight limits. SK Hynix, Samsung Electronics, NAVER, Hyundai Motor, and Shinhan Financial are among the top ten constituents.

On the geopolitical front, U.S. Defense Secretary Pete Hegseth stated on March 31 that Washington's current "top priority" is securing an agreement to end hostilities with Iran. Iranian President Masoud Pezeshkian indicated the same day that Tehran is willing to end the war, provided its demands are met—particularly guarantees against future aggression.

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