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(LEAD) Seoul stocks up for 3rd day to land above 8,500 on U.S.-Iran deal (opens original article in a new tab)

TL;DR

Seoul stocks rose for the third day, closing above 8,500 points on optimism over a U.S.-Iran deal, with foreign investors contributing to the market surge.

  • Seoul stocks closed up 5.2% to 8,545.98, extending a three-day winning streak.
  • U.S.-Iran agreement to end their war boosted market sentiment, with foreign and institutional investors buying 1.53 trillion won combined.
  • Top companies like Samsung and Hyundai saw significant gains, while the Korean won rose 8.7 won against the U.S. dollar.

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