South Korean defense stocks surge on prospects for post-Iran-war sales boosts

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Source: CNBC
Published: 2026-06-16 13:52 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, South Korea, Iran, Business & Economy, War & Conflict
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Snippet:
South Korean defense stocks climbed sharply on Tuesday as the end of the Iran war appeared to be in sight, because the companies may benefit from sales to the Middle East afterward.
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