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Korea’s Kospi Surges 8% as Iran Deal Hopes Lift Chip Stocks

Bloomberg Markets · Jun 12, 2026, 12:03 AM · Also reported by 4 other sources

South Korean stocks jumped as risk appetite improved after President Donald Trump said the US was nearing an agreement with Iran to end the war.

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Financial Times Asian stocks rise after Trump hints at Iran war deal Investing.com Asia stocks surge on US-Iran peace hopes, tech rebound CNBC Oil prices fall on hopes of U.S.-Iran deal despite Tehran pushback The Hill Trump teases deal with Iran

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Korea’s Kospi Surges 8% as Iran Deal Hopes Lift Chip Stocks

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