Seoul shares top 7,000 at opening bell for 1st time on eased Mideast tensions

South Korean stocks on Wednesday topped the 7,000-point mark for the first time at the opening bell, driven by US President Donald Trump's announcement to pause operations to guide vessels out of the Strait of Hormuz as part of efforts to finalize a deal with Iran. The benchmark Korea Composite Stock Price Index opened at a fresh high of 7,093.01, up 156.02 points, or 2.25 percent. It marks the first time the main index has surpassed the milestone. Supported by strong gains in stocks related to

By The Korea Herald