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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
KRWUSD

South Korean Won Strengthens on Dollar Selling

The South Korean won strengthened to around 1,518 per dollar, recovering further after touching its weakest level since March 2009 near 1,560, as authorities and large institutional players stepped up dollar supply to stabilise the currency. State-run National Pension Service reportedly conducted FX hedging, boosting onshore dollar selling, while policymakers continued verbal warnings against excessive volatility and closely monitored market activity. Additional support came from improved risk sentiment after Israel and Iran agreed to a ceasefire, easing demand for safe-haven assets. Continued strength in semiconductor exports and an upward revision to first-quarter GDP growth to 1.8% further supported the won through improved growth and external balance expectations. However, gains were tempered by a firm US dollar as markets reassessed expectations for Federal Reserve easing amid resilient US economic data.

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