The benchmark Korea Composite Stock Price Index (KOSPI) surged 94.79 points, or 5.89 percent, to settle at 1,704.76. Trading volume stood at 852 million shares worth 12.4 trillion won (10 billion U.S. dollars).
South Korea's currency finished at 1,229.9 won versus the greenback, up 19.7 won from the previous close.
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