South Korea’s benchmark Kospi index opened lower on Monday, as renewed uncertainty surrounding US-Iran peace negotiations weighed on investor sentiment.
The decline marks a continuation of cautious trading as market participants digest the geopolitical risks that have persisted throughout the week.
The bearish open occurred despite positive corporate developments in the technology sector, specifically SK hynix’s successful listing in the United States last week.
The failure of the chipmaker’s debut to provide a broader market lift underscores the dominance of macro-level geopolitical fears over individual corporate catalysts in the current session.
Investors remain on edge as diplomatic signals between Washington and Tehran remain ambiguous.
The ongoing tension has kept risk appetite subdued across Asian markets, with Seoul’s index struggling to find footing amid the broader regional caution.