South Korean stocks jump 3.33% despite Middle East tensions

  • South Korean stocks opened sharply higher Monday, led by gains in technology shares.
  • The Korea Composite Stock Price Index rose 222.40 points, or 3.33%, to 6,909.61.
  • Tehran said it targeted three oil tankers and several U.S.-linked vessels overnight.

South Korean stocks opened sharply higher Monday, with technology shares driving gains despite escalating military tensions in the Middle East. The benchmark Korea Composite Stock Price Index rose 222.40 points, or 3.33%, to 6,909.61 as of 9:15 a.m. The move came after military attacks between the United States and Iran intensified overnight. Tehran said it had targeted three oil tankers using an unauthorized route through the Strait of Hormuz, along with several vessels linked to the United States, in retaliation for U.S. attacks on

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South Korean stocks jump 3.33% despite Middle East tensions - CoinPost Terminal