Seoul stock index hits record high amid hopes for U.S.-Iran peace talks

Seoul’s benchmark stock index surged past the 6,000-point threshold on Wednesday, marking the first time it has reached such levels since the escalation of the U.S.-Iran conflict in February. The Korea Composite Stock Price Index (KOSPI) closed at 6,091.39, gaining 2.07 percent for the day after an early rally pushed it to an intraday high of 6,183.21. The performance reflects a wave of optimism as investors anticipate the resumption of U.S.-Iran peace talks after a recent setback. Market sentim