Seoul stocks surge as US-Iran breakthrough boosts risk appetite (opens original article in a new tab)

Seoul stocks rose sharply after a US-Iran agreement eased global market tensions, with the KOSPI up 5.2% and tech stocks leading the rally, though concerns remain about exchange rates and upcoming central bank decisions.

• Korean stocks surged as US-Iran agreement eased geopolitical tensions
• KOSPI rose 5.2% to 8,545.98 with semiconductor stocks leading gains
• Korean won strengthened against the dollar but economic outlook remains uncertain
• Central bank decisions in Japan and US remain key market concerns