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South Korea: South Korean stock market surges to highest level since last Aug

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The Korea Composite Stock Price Index (KOSPI) closed Wednesday at 2770.84 points, 2.66 percent higher than the previous day following Lee Jae-myung's presidential election victory. This marks highest stock price level since August 1, 2024, driven by significant net buying from foreign investors and institutions. At the same time, the South Korean won strengthened against the U.S. dollar, with the exchange rate reaching 1,369.5 KRW per USD as of 15:30 local time. SHOTLIST: FILE: Seoul, South Korea - February 2025 1. National flags of South Korea; FILE: Seoul, South Korea - Sept 2021 2. Various of exterior, sign of Korea Exchange; FILE: Seoul, South Korea - April 6, 2024 3. Various of Lee Jae-myung at campaign rally, phone screen showing Lee speaking; Seoul, South Korea - June 3, 2025 4. Various of voters registering information, casting ballots; FILE: Seoul, South Korea - Date Unknown 5. Various of traffic on road; 6. Bank clerk serving clients; 7. South Korean won banknotes going through cash counting machine; 8. Bank counters; FILE: Seoul, South Korea - Dec 20, 2024 9. Shop, customers; 10. Pedestrians in commercial street. [Restrictions: No access Chinese mainland]

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