Seoul shares up nearly 1.5% at fresh peak after briefly topping 7,500 on Iran peace deal hopes; won rises
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Source: The Korea Herald
Published: 2026-05-07 17:11 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, South Korea, Iran, Technology & AI, World News, US Politics, War & Conflict, Technology
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Snippet:
South Korean stocks extended their bullish run Thursday to close at a new all-time high after briefly topping the 7,500-point mark on hopes for a Washington-Tehran deal to end their war and positive outlooks on chipmakers, backed by an artificial intelligence boom. The local currency gained against the US dollar.
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