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StocksMediumUpdated•Originally published 25 March 2026•Updated 26 March 2026•

1 min read

South Korea's KOSPI Surges 1.7% as US-Iran Tensions Ease

Key Facts

1The KOSPI Composite Index jumped by over 1.7% to reach 5,653 points.

2 months ago

Version History

3 additional sources confirmed this story

Version 12 months ago

What changed: The story was updated to include new technical warnings regarding weakening momentum and potential breakdown risks for the EWY ETF, which threaten the sustainability of the initial rally.

South Korea's KOSPI Composite Index surged 1.7% to reach 5,653 points, buoyed by signs of de-escalation in US-Iran tensions. The rally followed reports that President Donald Trump delayed military action, sparking a 'risk-on' sentiment across Asian markets. However, the sustainability of this recovery is now under threat as intensifying bearish signals and weakening momentum emerge for the EWY ETF. Analysts have identified significant breakdown risks at key support levels that could trigger a sharp corrective decline. Despite the initial geopolitical relief, these technical warnings suggest that the current upward trend may be losing steam. Market participants remain cautious, monitoring the USD/KRW exchange rate for further confirmation of market stability or potential reversal.