Trump Agrees to Ceasefire, South Korean Stocks Surge! Xtrackers MSCI Korea UCITS ETF (02848.HK) Jumps Over 12%

NewTimeSpace News:Following the two-week ceasefire agreement reached between the U.S. and Iran, Japanese and South Korean stock markets opened sharply higher. Under the deal, the United States and Israel will suspend military operations in exchange for Iran reopening the Strait of Hormuz. South Korea'sKOSPI Composite Indexsurged5.33%to5,787.76, while Xtrackers MSCI Korea UCITS ETF (02848.HK)jumpedover 12%.

On individual stocks,SK Hynix—a heavyweight in the Korean market and dominant player in HBM memory—soared nearly10%.Samsung Electronics, the largest heavyweight in the Korean market and the world's biggest memory chipmaker, ralliedover 6%.

Exchange data shows thatXtrackers MSCI Korea UCITS ETF (02848.HK)tracks theMSCI Korea 20/35 Custom Index, a "capped index" designed by MSCI to comply withEU UCITS fund regulatory requirements. While maintaining representativeness and investability across South Korea's large- and mid-cap universe, the index employs hard weight caps to mitigate single-company concentration risk. Top ten constituents includeSK Hynix, Samsung Electronics, NAVER, Hyundai Motor, and Shinhan Financial Group, among others.

Benefiting from the semiconductor industry's"supercycle" effect, exports have been climbing steadily. According toStatistics Korea, the country's total exports reached$709.4 billionlast year, up3.8%year-on-year—marking the highest level since record-keeping began in2010. This was primarily driven by surging demand fromartificial intelligence and data centers. In thefourth quarter alone, South Korean exports hit$189.8 billion, rising8.4%year-on-year. Notably,IT components including semiconductorssurged33%year-on-year, a record increase that powered Q4 export growth.

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