Seoul shares spike over 5% to approach 7,000 on chip rally; won sharply up

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Source: The Korea Herald
Published: 2026-05-04 17:11 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, South Korea, Iran, World News
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Snippet:
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 US-Iran peace talks. The Korean won rose sharply against the US dollar.
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