Seoul shares snap 3-day rise on profit-taking amid hopes for 2nd round of US-Iran peace talks; won declines

South Korean stocks ended a three-session winning streak Friday on profit-hunting as investors sat on the sidelines amid diplomatic moves for a possible second round of US-Iran peace talks. The local currency fell against the US dollar. The benchmark Korea Composite Stock Price Index dropped 34.13 points, or 0.55 percent, to finish at 6,191.92. The index has risen for three consecutive sessions, closing above the 6,200-point mark Thursday for the first time since the outbreak of the US-Iran conf

By The Korea Herald