Seoul Shares Rally on Hopes for U.S.-Iran Peace Talks, KOSPI Closes Above 6,000 for First Time Since Conflict
AI summarySouth Korean stocks rallied this week on hopes for a second round of U.S.-Iran peace talks, with the KOSPI closing above 6,000 for the first time since the outbreak of the conflict. Gains were driven by diplomatic signals and Wall Street's advance, despite ongoing tensions in the Strait of Hormuz.