South Korea’s KOSPI returns 7% driven by three catalysts

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The index of Kosbi in South Korea rose by 7% on Thursday.

The benchmark index fell by 9.35% after reaching a benchmark level of 80% last Friday.

Kosbi recorded a rise of 7% with the break between Iran and America and peace

It saw declines at the beginning of the week as President Donald Trump signaled back and forth whether to launch US strikes on Iran, which worried investors. Then the mood was reversed, as Trump said that Washington is currently in the “final stages” of Trump.

In addition, the company Samsung Electronics and the union of employees of Bflan Bfonj reached a final agreement on wages at the last minute late on Wednesday. The agreement led to the suspension of the strike.

Samsung shares rose by more than 6%, while the shares of its competitor Hynix jumped by 6% and 11%. Other companies also rose after showing the company’s most recent profit for the company, with revenues up 85% year-on-year to $81.62 billion.

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This rise is one of the largest rising waves in Asia

The Kosbi index has doubled in value three times in less than 18 months. According to the Financial Times, the pace of this rise will exceed the pace of the rise of the Islamic Republic of Iran by about six months.

The increase is largely due to the two largest listed companies in the country, Al Wozth Electronics and SK Hynix. The total of the two companies is now a benchmark figure of 42% of the benchmark, as the average has risen by around 130% this year and SK Hynix has risen by around 170%.

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