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Kospi hits historic 5,000 milestone as markets pop on Trump-Greenland deal
A currency dealer monitors exchange rates in front of a big screen showing South Korea’s benchmark stock index (right) in a foreign exchange dealing room at the Hana Bank headquarters in Seoul on June 20, 2025. — AFP pic

SEOUL, Jan 22 — South Korea’s benchmark Kospi index broke above 5,000 points for the first time, hours after US President Donald Trump said he had reached a framework for a deal on Greenland.

The Kospi index was trading up more than two per cent above 5,000 in the first minutes of trading, while Japan’s Nikkei was also up about one per cent in early deals. — AFP

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