South Korean market opens higher despite uncertainty over US-Iran ceasefire

Ana Maria Rus

(12 May 2026) RESTRICTION SUMMARY: ASSOCIATED PRESS Seoul, South Korea - 12 May 2026 1. Hana Bank dealing room 2. Various of screens displaying KOSPI index 3. Various of dealing room and traders 4. Various of screens displaying KOSPI index STORYLINE: South Korea's benchmark index opened higher on Tuesday as stocks continue to rise despite an apparent lack of progress in negotiations between Iran and the United States. The KOSPI was at 7,953.41, 1.68% higher than Monday's closing point, shortly