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Korean stocks outlook: ceasefire hopes and uncertainty collide; focus on dollar-weakness beneficiaries

A temporary ceasefire agreement in the Middle East is creating a mix of expectations for an end to fighting and uncertainty in South Korean stocks, analysts said. They recommended focusing this week on beneficiaries of a weaker dollar and sectors expected to see earnings improvement. The KOSPI rose 1.40 percent on April 10 to 5,858.87, but volatility may persist amid uncertainty over supply chain normalisation in the Strait of Hormuz and negotiation-related swings.