Seoul shares were trading lower on Thursday morning due to volatility in major technology shares and concerns over escalating tensions between the United States and Iran.

Seoul, South Korea

Who

South Korean stocks, US, Iran, Nvidia, Broadcom, Super Micro Computer, AMD, Samsung Electronics, SK hynix, Samsung Electro-Mechanics, SK Group, Hyundai Motor, Kia, Hyundai Mobis, LG Energy Solution, Samsung SDI, Doosan Enerbility, Hanwha Aerospace, Seo Sang-young

What

When

Thu, 11 Jun 2026 03:52:30 GMT · 1h 28m ago

Where

Seoul, South Korea ·

Why

Volatility in technology shares, concerns over a potential full-scale war between the US and Iran after additional US strikes and Iranian threats regarding the Strait of Hormuz, and worries about a hawkish pivot by the US Federal Reserve.

The Frontline Impact

How this affects you

The benchmark Korea Composite Stock Price Index (KOSPI) fell 1.62 percent, and several major South Korean companies experienced significant stock price drops. This indicates a negative impact on the South Korean market driven by global tech sector performance and geopolitical instability. The Korean won also depreciated against the U.S. dollar, reflecting broader economic apprehension.

Story chain

1 event in this thread

No related history yet - this is the origin event.

Verified Sources & Citations

Lokmat Times
https://www.lokmattimes.com/technology/seoul-shares-down-on-tech-slump-us-iran-conflict-1/
HIGH

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