KOSPI hits new high amid hopes for US-Iran talks

by Yoo Na-hyun Posted : April 21, 2026, 17:13Updated : April 21, 2026, 17:13
Stock indexes including the KOSPI are displayed on a screen at the dealing room of Hana Bank headquarters in central Seoul on April 21 2026 The KOSPI closed up 16938 points or 272 percent at 638847 surpassing its previous record closing high of 630727 set on Feb 26 AJP Yoo Na-hyun
An electronic board at KEB Hana Bank's headquarters in central Seoul shows the Korea Composite Stock Price Index (KOSPI) closing at 6,388.47 points on April 21, 2026. AJP Yoo Na-hyun
SEOUL, April 21 (AJP) - South Korea's stock market rebounded on Tuesday, setting a new record after about two months, amid hopes of looming talks between the United States and Iran.

The country's benchmark KOSPI surged 2.72 percent to close at a record high of 6,388.47, breaking its previous closing record of 6,307.27 set on Feb. 26, just ahead of U.S.-led airstrikes on Iran that that pushed the already volatile Middle East into further turmoil.

The junior KOSDAQ also edged up 0.36 percent to close at 1,179.03.
 
Stock indexes including the KOSPI are displayed on a screen at the dealing room of Hana Bank headquarters in central Seoul on April 21 2026 AJP Yoo Na-hyun 20260421
An electronic board at KEB Hana Bank's headquarters in central Seoul shows the Korea Composite Stock Price Index (KOSPI) closing at 6,388.47 points on April 21, 2026. AJP Yoo Na-hyun
Stock indexes including the KOSPI are displayed on a screen at the dealing room of Hana Bank headquarters in central Seoul on April 21 2026 AJP Yoo Na-hyun 20260421
An electronic board at KEB Hana Bank's headquarters in central Seoul shows various figures on April 21, 2026. AJP Yoo Na-hyun
Stock indexes including the KOSPI are displayed on a screen at the dealing room of Hana Bank headquarters in central Seoul on April 21 2026 AJP Yoo Na-hyun 20260421
An electronic board at KEB Hana Bank's headquarters in central Seoul shows the Korea Composite Stock Price Index (KOSPI) closing at 6,388.47 points on April 21, 2026. AJP Yoo Na-hyun
Yoo Na-hyun Reporter
Yoo Na-hyun

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