(LEAD) KOSPI surges to new peak of above 7,800 on chip gains despite renewed woes over U.S.-Iran peace deal

🇰🇷 Yonhap News (KR) —
(LEAD) KOSPI surges to new peak of above 7,800 on chip gains despite renewed woes over U.S.-Iran peace deal

AI Summary

The KOSPI index in South Korea has surged to a new peak, over 7,800, driven by gains in the semiconductor sector. This increase reflects investor confidence despite ongoing concerns regarding the U.S.-Iran peace negotiations.

SEOUL, May 11 (Yonhap) -- South Korean stocks closed at a new record high Monday...

Markets KOSPI semiconductors stock market investment South Korea

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