Seoul stocks open higher after 3-week ceasefire extension in Israel-Lebanon conflict

▲ This photo taken April 23, 2026, shows the dealing room of Hana Bank in Seoul. (Yonhap)

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Seoul stocks open higher after 3-week ceasefire extension in Israel-Lebanon conflict

SEOUL, April 24 (Yonhap) -- South Korean stocks opened higher Friday, bucking overnight losses on Wall Street, as the United States announced a three-week ceasefire extension for Iran and Lebanon.

The benchmark Korea Composite Stock Price Index (KOSPI) opened at 6,496.10, up 20.29 points, or 0.31 percent.

Overnight, the Dow Jones Industrial Average fell 0.36 percent, and the tech-heavy Nasdaq Composite declined 0.89 percent.

On Thursday (U.S. time), U.S. President Donald Trump said he had ordered the U.S. Navy to target any vessels laying mines in the strait, adding Iran is seeking a deal and talks are under way.

Trump also said Israel and Lebanon would extend their ceasefire by three weeks, easing a potential obstacle to efforts to end the conflict involving the U.S. and Iran.

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