Kospi snaps 5-day winning streak on profit taking, Mideast uncertainties; won sharply down
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Source: The Korea Herald
Published: 2026-05-12 17:12 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, South Korea, Iran, Financial Markets, World News
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Snippet:
Seoul shares fell by more than 2 percent Tuesday, snapping their five-day winning streak, as investors moved to take profit after a record-breaking run amid an impasse in peace negotiations between the United States and Iran. The local currency sharply fell against the US dollar.
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