Seoul stocks open sharply higher on US-Iran peace deal (opens original article in a new tab)

Seoul stocks opened sharply higher on US-Iran peace deal. Korean stocks opened sharply higher Monday as the United States and Iran reached an agreement to end their monthslong war in the Middle East, which includes a reopening of the Hormuz Strait. The benchmark Korea Composite Stock Price Index (KOSPI) opened up 402.5 points, or 4.95…

• Seoul stocks opened sharply higher on Monday
• US-Iran agreement to end Middle East war including reopening of Hormuz Strait
• KOSPI opened up 402.5 points or 4.95%