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Seoul shares open lower amid Iran ceasefire uncertainty
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South Korean stocks opened lower on Monday amid renewed uncertainty over the U.S.-Iran ceasefire and rising oil prices.
Hussein Eissa, stellvertretender Premierminister für Wirtschaftsangelegenheiten, läutete am Sonntag an der Egyptian Exchange die Eröffnungsglocke, um die vorläufige Notierung von vier staatlichen Unternehmen zu markieren.
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The KOSPI fell 5.81 percent on June 26 as investors took profits following recent AI-driven gains, closing at 8,411.21.
Seoul stocks opened slightly lower on Tuesday, tracking overnight losses in US tech shares. The KOSPI fell 0.34 percent to 9,083.54 at the opening bell.
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Seoul stocks opened lower on Monday amid uncertainty over U.S.-Iran peace negotiations. The KOSPI index fell 124.2 points in early trading.
Motilal Oswal Financial Services has started coverage of online travel companies Le Travenues Technology (Ixigo) and Yatra Online with buy ratings. The brokerage also reiterated its buy recommendation on TBO Tek.
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South Korea's bourse operator activated a buy-side sidecar for the KOSPI on Monday after the index spiked on news of a U.S.-Iran peace deal.
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