Global Markets | South Korean shares dip, but mark second weekly gain on Iran ceasefire hopes
- Posted on April 17, 2026
- By Business News Today
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Global Markets | South Korean shares dip, but mark second weekly gain on Iran ceasefire hopes
South Korean stocks ended lower Friday but secured a second weekly gain. Hopes for a U.S.-Iran ceasefire boosted sentiment. The Korean won weakened against the dollar. Bond yields saw an increase. Foreign investors were net sellers of shares. The KOSPI index experienced a slight dip. This market movement reflects ongoing geopolitical and economic factors.