Financial Markets
Seoul shares open sharply lower on US losses and Middle East uncertainties
Rapportert av AI Bilde generert av AI
South Korean stocks opened sharply lower on Wednesday, tracking overnight losses on Wall Street and uncertainties over peace talks between the United States and Iran.
The Ibovespa fell more than 1% on Monday, May 11, influenced by geopolitical tensions in the Middle East and domestic inflation data.
Rapportert av AI
South Korean stocks opened at a fresh record high on Monday, boosted by semiconductor gains even as concerns mounted over a potential breakdown in the US-Iran peace deal.
Seoul shares closed higher by 1.4 percent on optimism over upcoming U.S.-Iran ceasefire negotiations following a two-week Middle East truce. The KOSPI ended at 5,858.87, extending weekly gains to nearly 9 percent despite lingering geopolitical concerns. Investor sentiment improved amid positive regional developments.
Rapportert av AI
South Korea's Finance Minister Koo Yun-cheol said on Thursday that volatility in financial and foreign exchange markets has "somewhat eased" following a two-week ceasefire between the United States and Iran. The statement came after U.S. President Donald Trump announced a suspension of strikes on Iran, which led South Korean stocks to surge nearly 7 percent on Wednesday and the Korean won to strengthen sharply against the U.S. dollar. The government pledged to remain vigilant in maintaining macroeconomic stability.
The Korean won fell to a nearly two-month low against the U.S. dollar on Friday amid persistent volatility in financial markets due to the Middle East crisis. At 3:30 p.m., the won was quoted at 1,476.4 per dollar, down 8.3 won from the previous session and marking its weakest level since January 20. The Bank of Korea stated it is closely monitoring developments and preparing responses as volatility could continue depending on the situation.
Rapportert av AI
Following US-Israeli strikes on Iran—detailed in prior coverage—that killed Supreme Leader Ayatollah Khamenei and escalated Middle East tensions with oil and gold surges, Indonesian businesses are implementing short-term risk mitigations amid rising costs, while Bank Indonesia monitors inflation risks.
Oil prices keep falling while US stocks near record highs
onsdag, 6. mai 2026, 18:42Seoul shares open at fresh high on us-iran peace hopes
søndag, 26. april 2026, 18:39Hong Kong IPO market raises over HK$140 billion amid gold trading push
torsdag, 23. april 2026, 15:37Argentina's country risk rises to 549 basis points amid global market caution
tirsdag, 21. april 2026, 11:59Premium for mainland China shares erodes or flips as capital flows to Hong Kong
tirsdag, 7. april 2026, 21:22DAX drops below 23,000 as Iran crisis escalates with Trump deadline
søndag, 5. april 2026, 10:41Egypt's gold prices rise 4.74% in a week amid global rally
søndag, 29. mars 2026, 16:01Egypt's 21-karat gold gram closes at EGP 6,925
torsdag, 19. mars 2026, 06:06Seoul shares open higher amid hopes for easing Mideast tensions
søndag, 8. mars 2026, 16:42Oil prices top $110 as Iran war enters second week