South Korea Economy
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Seoul stocks open sharply lower on tech slump
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Seoul stocks opened sharply lower on Friday as investors paused after a tech rally amid uncertainty over the U.S.-Iran peace deal.
South Korean stocks closed at a record high on May 27, driven by gains in semiconductor shares.
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South Korean stocks opened at a fresh record high on Thursday, driven by hopes for a US-Iran peace deal and continued gains in chipmakers.
April 29, 2026 12:30