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JapanEconomy6 days ago

South Korean stocks close up 4.6% as hopes rise for US-Iran deal

South Korean stocks closed up 4.6% on Friday, driven by optimism about a potential U.S.-Iran deal and a recent U.S. stock rally. The KOSPI index had experienced a volatile week, and the rise in shares was attributed to market participants' expectations of a Middle East settlement.

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KIM JAEWON and JADA NAGUMO

June 12, 2026 12:47 JST

Updated on June 12, 2026 17:09 JST

SEOUL/TOKYO -- South Korean shares closed up 4.6% on Friday, riding the tail of an overnight stock rally in the U.S. as market participants bet on expectations for a Middle East settlement.

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Read the full article at Nikkei Asia

3 reports

Nikkei AsiaIndependent🔒Center
South Korean stocks close up 4.6% as hopes rise for US-Iran deal

South Korean stocks closed up 4.6% on Friday, driven by optimism about a potential U.S.-Iran deal and a recent U.S. stock rally. The KOSPI index had experienced a volatile week, and the rise in shares was attributed to market participants' expectations of a Middle East settlement.

Bias read (Center): The article presents factual information about the stock market performance and attributes the rise to general market optimism and expectations of a U.S.-Iran deal. There is no evident bias in language, sourcing, or framing. The report is neutral and sticks to the facts without editorializing.

Nikkei AsiaIndependent🔒Center
Asian stocks leap, currencies rise as Trump says Hormuz will reopen

Asian stock markets, including Japan's Nikkei average, rose following reports of a potential peace deal between the United States and Iran to end their conflict. The article notes the positive market reaction to the development.

Bias read (Center): The article presents a factual summary of market reactions without overtly favoring any political perspective. It focuses on economic indicators and does not include commentary or framing that suggests a political bias.

Nikkei AsiaIndependent🔒Center
Asian stocks leap as Trump says Strait of Hormuz will reopen

Asian stock markets, including Japan's Nikkei average, rose following reports of a potential peace deal between the United States and Iran to end their conflict. The article attributes the market increase to optimism surrounding the resolution of tensions.

Bias read (Center): The article presents a neutral account of market reactions to geopolitical developments without overtly favoring any political perspective. It focuses on the economic impact rather than taking a stance on the U.S.-Iran deal itself.