Samsung Earnings Optimism Drives Seoul Stocks Higher Amid Geopolitical Tensions

Seoul's stock market surged Monday as anticipation soared for Samsung Electronics' first-quarter earnings report, set to be unveiled on Tuesday. The Korea Composite Stock Price Index (KOSPI) climbed 1.36%, gaining 73.03 points to close at 5,450.33. This uptick came despite geopolitical jitters after the U.S. issued fresh threats against Iran tied to the Strait of Hormuz. Analysts project Samsung's operating profit might exceed 40 trillion won, fueling optimism among investors in South Korea's te