Seoul shares open sharply higher on tech gains despite heightened Middle East tensions
South Korean stocks started sharply higher Monday, driven by gains in tech shares, despite heightened military tensions in the Middle East. The benchmark Korea Composite Stock Price Index rose 222.40 points, or 3.33 percent, to 6,909.61 as of 9:15 a.m. Overnight, military attacks intensified between the United States and Iran. Tehran said it targeted three oil tankers using an unauthorized route through the Strait of Hormuz, as well as several US-linked vessels, in retaliation for US attacks on
Source: The Korea Herald