The KOSPI and KOSDAQ indexes are rising just after the open on the 6th. As U.S. President Donald Trump moves to exert strong pressure on Iran over opening the Strait of Hormuz, Korea's stock market is showing strength.

On the morning of the 6th, the KOSPI index and more appear on the electronic board in the dealing room at Hana Bank in Jung-gu, Seoul. The KOSPI opens at 5,423.35, up 46.05 points (0.86%) from the previous transaction day (5,377.30), and the KOSDAQ index starts trading at 1,068.33, up 4.58 points (0.43%) from the previous transaction day (1,063.75). The won–dollar exchange rate opens at 1,510.3 won, up 5.1 won from the previous weekly transaction closing price (1,505.2 won). /Courtesy of News1

As of 9:03 a.m., the KOSPI was up 1.33% (71.27 points) from the previous trading day at 5448.57. The KOSPI opened at 5423.35, up 0.86% (46.05 points) from the previous trading day.

The main bourse is being led by institutions. While individuals and foreigners are net selling 79.6 billion won and 25.2 billion won, respectively, institutions alone are net buying 108.8 billion won.

Blue chips on the main bourse were uniformly in the red. Samsung Electronics is rising in the 3% range, and SK hynix, Hyundai Motor, LG Energy Solution, Hanwha Aerospace, Samsung Biologics, SK Square, Doosan Enerbility, and Kia are also climbing.

At the same time, the KOSDAQ was up 0.40% (4.26 points) from the previous trading day at 1068.01. The KOSDAQ started the session at 1068.33, up 4.58 points (0.43%).

Foreigners are leading the KOSDAQ market. While foreigners and individuals are net buying 11.8 billion won and 4.1 billion won, respectively, institutions are selling 14.0 billion won.

Eight of the top 10 KOSDAQ stocks by market capitalization are rising. Alteogen, EcoPro, EcoPro BM, Sam Chun Dang Pharm, Rainbow Robotics, ABL Bio, LEENO Industrial, and Peptron are gaining, while Kolon TissueGene and HLB are falling.

President Trump has been ratcheting up pressure on Iran over the weekend. On the 5th (local time), he extended the deadline for talks with Iran to the 7th and warned that if Iran did not comply with demands such as opening the Strait of Hormuz by then, the country would deliver a massive strike on Iranian infrastructure.

In an interview with The Wall Street Journal (WSJ), President Trump said, "If Iran's leadership does not comply and continues to try to close the strait, they will lose every power plant and every other facility nationwide."

On the social media platform Truth Social, President Trump wrote, "Tuesday (the 7th), 8 p.m. Eastern Time!" This is interpreted to mean that if Iran does not open the Strait of Hormuz by that time, it will be struck. In Korea time, that is 9 a.m. on the 8th.

Han Ji-young, a Kiwoom Securities researcher, said, "With President Trump's D-Day pending, whether the United States and Iran reach a peace or truce agreement on that day will serve as a catalyst for easing the market's war fatigue."

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