(LEAD) Seoul shares close at fresh peak above 9,100 on chip gains amid U.S.-Iran talks (opens original article in a new tab)

South Korean stocks hit a record high as semiconductor shares rose amid progress in U.S.-Iran talks. The KOSPI closed at 9,114.55, with SK hynix leading gains and some companies like Hyundai Motor and LG Energy Solution declining.

• South Korean stocks closed at an all-time high above 9,100 on chip gains.
• U.S.-Iran talks showed progress, with a road map to end their conflict within 60 days.
• SK hynix surpassed Samsung Electronics in market capitalization, while other companies like Hyundai Motor and LG Energy Solution declined.