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South Korea: South Korean stocks jump on inauguration of new president

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***FILE FOOTAGE*** SHOTLIST: SEOUL, SOUTH KOREA (JUNE 4, 2025) (ANADOLU - ACCESS ALL) 1. WIDE SHOT OF NATIONAL ASSEMBLY BUILDING 2. SIGN ON WALL READING “THE INAUGURATION OF THE 21ST PRESIDENT” (2 SHOTS) 3. POLICE OFFICERS CONDUCTING CHECKS OUTSIDE NATIONAL ASSEMBLY BUILDING 4. TIGHT SHOT OF OFFICERS STANDING GUARD 5. LARGE SCREEN SHOWING PRESIDENT LEE JAE-MYUNG AS HE SWORN IN / JOURNALISTS AND PEOPLE WATCHING LEE JAE-MYUNG ON LARGE SCREEN 6. TIGHT SHOT OF SUPPORTERS SITTING AND LOOKING AT SCREEN (2 SHOTS) 7. SUPPORTERS HOLDING RED HEART-SHAPED BALLOON 8. TIGHT SHOT OF SUPPORTERS WITH BLUE HEADSCARVES 9. OFFICIALS WALKING OUT OF NAY-TIONAL ASSEMBLY BUILDING 10. TIGHT SHOT OF MEN HOLDING SMARTPHONES 11. PRESIDENT LEE JAE-MYUNG AND HIS WIFE KIM HYE-KYUNG BOWING AND GREETING PEOPLE, OFFICIALS AND PARTY MEMBERS BEHIND THEM CLAPPING THEIR HANDS 12. PRESIDENT AMONG PART MEMBERS LEAVING NATIONAL ASSEMBLY SEOUL, SOUTH KOREA (DEC. 9, 2024) (ANADOLU - ACCESS ALL) (FILE FOOTAGE) 1. VARIOUS OF EXTERIOR SHOTS OF KOREA EXCHANGE COMPANY (KRX) 2. VARIOUS OF SCREENS SHOWING DECLINE IN SOUTH KOREAN STOCKS SEOUL, SOUTH KOREA (APRIL 8, 2025) (ANADOLU – ACCESS ALL) (FILE FOOTAGE) 3. VARIOUS OF EMPLOYEES WORKING IN HANA INFINITY SEOUL TRADING ROOM AS SCREENS SHOW DATA ABOUT ASIAN STOCKSSEOUL, SOUTH KOREA - JUNE 4, 2025: South Korean shares ended the midweek with gains in anticipation of a policy push by the new President Lee Jae-myung on Wednesday. The Korean won also gained against the US dollar, state media reported. The benchmark Korea Composite Stock Price Index (KOSPI) gained 71.87 points, or 2.66%, to close the day at 2,770.84. At 485.85 million shares valued at 11.95 trillion won (US$8.7 billion), the trade volume was high, and winners outnumbered losers 798 to 119. Individuals sold a net 1.22 trillion won, while foreign and institutional investors purchased a net 1.05 trillion won and 203.48 billion won, respectively. According to analysts, international investors bought local equities because they thought the new government would help important industries. The liberal Democratic Party's Lee Jae-myung defeated the conservative People Power Party's Kim Moon-soo to win the presidency. After martial law was implemented in December, former President Yoon Suk Yeol was overthrown, and the vote came after that. Earlier today, Lee took office for a five-year tenure. Lee pledged a new era of democratic restoration, economic recovery and national unity in a televised speech Wednesday from the National Assembly. He outlined four priorities: restoring democracy and the rule of law, reviving the economy, building a safer society and securing peace. “We must ensure that weapons entrusted by the people are never again used against them,” he said, pledging to end military interference in politics. “I will restore democracy and build a republic where citizens live not with hate and fear, but with dignity and cooperation.” The Korean won gained around 0.8% against the US dollar in the day and was traded around 1,366.6 as of 0755GMT.

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