Seoul shares spike over 5 pct to approach 7,000 on chip rally; won sharply up
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Source: South Korea
Published: 2026-05-04 16:35 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, South Korea, Iran
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Snippet:
SEOUL, May 4 (Yonhap) -- South Korean stocks shot up by more than 5 percent to close at a fresh high Monday, approaching the 7,000-point mark, as investors scooped up semiconductor shares while awaiting developments in U.S.-Iran peace talks. The Korean won rose sharply against the U.S. dollar.
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