South Korean Stocks Fall as Failed U.S.-Iran Talks and Blockade Threat Rattle Markets
AI summarySouth Korean stocks closed lower Monday as escalating tensions in the Middle East, following failed U.S.-Iran peace talks and President Trump's announcement of a naval blockade, weighed on investor sentiment. The KOSPI closed down 0.86% at 5,808.62, with heavy trading volume and broad declines, while Samsung Electronics and other major shares fell.