With word that the United States and Iran are close to signing a cease-fire agreement, reconstruction-related stocks as well as Samsung Electronics and SK hynix finished the aftermarket higher than the regular session.
According to alternative exchange NEXTRADE (NXT) on the 6th, Samsung Electronics closed the aftermarket at 274,000 won as of 8 p.m., up 17.85% from the previous day's closing price.
Compared with the 266,000 won close on the Korea Exchange at 3:30 p.m. that day, it rose 8,000 won (3.0%) over five hours.
SK hynix also ended transaction on the NEXTRADE (NXT) aftermarket at 165,000 won. That was 49,000 won (3.1%) higher than the 3:30 p.m. Korea Exchange close that day (1,601,000).
Reconstruction-related stocks were also strong on NEXTRADE (NXT) as cease-fire expectations were priced in.
DL E&C and GS Engineering & Construction finished transaction on NEXTRADE (NXT) at 992,000 won and 387,000 won, respectively, as of 8 p.m., up 6,100 won (6.6%) and 3,250 won (9.2%) from the regular session.
Samsung C&T and Hyundai Engineering & Construction also wrapped up the NEXTRADE (NXT) aftermarket at 3,840,000 won and 1,691,000 won, respectively, up 8,500 won (2.7%) and 5,400 won (3.4%) from the regular session.
On the 6th (local time), U.S. online outlet Axios reported that the United States and Iran were close to signing a one-page memorandum of understanding (MOU) to end the war and resolve nuclear issues.
The MOU reportedly contains 14 clauses setting out basic principles for ending the war and detailed nuclear talks. The White House was said to be waiting for Iran's response on key points within 48 hours.