▲ This photo taken on July 14, 2026, shows the dealing room of Hana Bank in Seoul during morning trading hours. (Yonhap)

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Seoul shares end higher on tech rebound despite Middle East tensions

SEOUL, July 14 (Yonhap) -- Seoul shares ended higher Tuesday on a rebound in technology heavyweights, although investors remained concerned about renewed tensions in the Middle East and uncertainty surrounding the artificial intelligence (AI) sector. The Korean won rose against the U.S. dollar.

After opening 0.56 percent lower, the benchmark Korea Composite Stock Price Index (KOSPI) reversed course to close 49.9 points, or 0.73 percent, higher at 6,856.83.

The index fell as low as 6,448.86.

The rebound followed a 9 percent plunge in the KOSPI the previous session, driven by a massive sell-off in technology stocks.

Overnight, the Dow Jones Industrial Average fell 0.26 percent, while the tech-heavy Nasdaq composite dropped 1.55 percent.

Investors also monitored developments in the Middle East following the latest exchange of attacks between the United States and Iran over the status of the Strait of Hormuz, while awaiting U.S. inflation data due later in the day for fresh clues about the outlook for interest rates, analysts said.

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