(LEAD) Seoul shares open sharply lower on Wall Street losses, renewed Iran tension; won falls
South Korean stocks opened significantly lower, influenced by losses on Wall Street and rising tensions regarding U.S.-Iran negotiations. The benchmark KOSPI index dropped over 2% shortly after the market opened. The Korean won also fell against the U.S. dollar amid these developments.
- ▪The KOSPI index lost 180.03 points, or 2.05 percent, to 8,621.46.
- ▪Major companies like Samsung Electronics and Hyundai Motor saw significant declines in their stock prices.
- ▪The Korean won was trading at 1,523.25 won against the U.S. dollar, down 6.85 won from the previous session.
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Facebook X More Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied. OK (LEAD) Seoul shares open sharply lower on Wall Street losses, renewed Iran tension; won falls Kim Han-joo All News 09:28 June 04, 2026 SHARE Facebook X Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied. LIKE SAVE PRINT FONT SIZE ABCDEFG ABCDEFG ABCDEFG ABCDEFG ABCDEFG (ATTN: UPDATES with latest details throughout) SEOUL, June 4 (Yonhap) -- South Korean stocks opened sharply lower Thursday, tracking overnight losses on Wall Street caused by uncertainty over negotiations between the United States and Iran to end their war in the Middle East.
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