S. Korean stocks nosedive

A financial data screen in the dealing room of Hana Bank in Seoul on June 5, 2026, shows the benchmark Korea Composite Stock Price Index having dropped 478.32 points, or 5.54 percent, to close at 8,160.59. South Korean stocks fell sharply lower as investors locked in profits from a recent tech-led rally while monitoring uncertainty over U.S.-Iran peace negotiations. (Yonhap)

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