Ignoring Trump's tariff threats, South Korean stocks hit a record high at the close, breaking through the 5000-point mark for the first time.
Despite threats from Trump to impose tariffs on imports from South Korea, the South Korean KOSPI index closed at a historic high on Tuesday, reaching 5084.85 points, an increase of 135.26 points or 2.73% driven by the recent rise in technology stocks. The South Korean won, however, experienced a decline against the US dollar. So far this year, the KOSPI index has continuously gained significant increases, running above the 5000-point benchmark since last Thursday and closing above this iconic level for the first time.
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