{"id":80970,"date":"2026-06-01T17:25:02","date_gmt":"2026-06-01T07:25:02","guid":{"rendered":"https:\/\/www.icmarkets.com.au\/blog\/?p=80970"},"modified":"2026-06-01T17:25:03","modified_gmt":"2026-06-01T07:25:03","slug":"monday-1st-june-2026-south-korean-stocks-hit-record-high-as-investors-monitor-u-s-iran-negotiations","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com.au\/blog\/monday-1st-june-2026-south-korean-stocks-hit-record-high-as-investors-monitor-u-s-iran-negotiations\/","title":{"rendered":"Monday 1st June 2026: South Korean Stocks Hit Record High as Investors Monitor U.S.-Iran Negotiations"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><br \/>Global Markets:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u00a0Asian Stock Markets : Nikkei up 0.73%, Shanghai Composite down 0.12% Hang Seng up 0.82% ASX down 0.16%<\/li>\n\n\n\n<li>Commodities : Gold at $4,546.12 (-1.02%) Silver at $75.745 (-0.17%), Brent Oil at $93.38 (2.49%), WTI Oil at $89.86 (2.78%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.468, UK 10-year yield at 4.8170, Germany 10-year yield at 2.9328<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">News &amp; Data:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>(CAD) GDP m\/m\u00a0 -0.1%\u00a0 to 0.1% \u00a0 expected<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Markets Update:<\/h3>\n\n\n\n<p>South Korean stocks climbed to fresh record highs on Monday, outperforming mixed markets across the Asia-Pacific region as investors monitored ongoing uncertainty surrounding U.S.-Iran negotiations. Investor sentiment remained cautious after U.S. President Donald Trump said he was in \u201cno hurry\u201d to finalize an agreement with Iran, emphasizing that securing a strong deal was more important than reaching a quick resolution.<\/p>\n\n\n\n<p>South Korea\u2019s Kospi gained 1.31%, while the small-cap Kosdaq fell 1.58%. Samsung Electronics surged more than 3%, reaching a new all-time high and providing significant support to the broader market.<\/p>\n\n\n\n<p>Elsewhere, Japan\u2019s Nikkei 225 edged up 0.17%, while the Topix slipped 0.3%. Australia\u2019s S&amp;P\/ASX 200 declined 0.21%. In Hong Kong, the Hang Seng Index rose 0.73%, whereas mainland China\u2019s CSI 300 fell 0.32%.<\/p>\n\n\n\n<p>Technology-related stocks also drew attention after SoftBank Group announced plans to invest 45 billion euros ($53 billion) over the next five years to develop artificial intelligence infrastructure in France. Shares of the Japanese conglomerate jumped 5% following the announcement.<\/p>\n\n\n\n<p>Meanwhile, Trump stated that negotiations with Iran remain ongoing and reiterated his goal of preventing Tehran from acquiring nuclear weapons. Although he prefers a peaceful resolution, he warned that military action could resume if talks fail.<\/p>\n\n\n\n<p>On Wall Street, major U.S. indexes closed at record highs on Friday, supported by strong technology stocks and lower crude oil prices, helping cap off a positive month for investors.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Upcoming Events:<br \/><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>02:00 PM GMT &#8211; USD ISM Manufacturing PMI<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: South Korean stocks climbed [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":79441,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[196,215,339],"tags":[],"class_list":["post-80970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundamental-analysis","category-market-analysis","category-recent-posts"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/80970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/comments?post=80970"}],"version-history":[{"count":1,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/80970\/revisions"}],"predecessor-version":[{"id":80971,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/80970\/revisions\/80971"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media\/79441"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media?parent=80970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/categories?post=80970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/tags?post=80970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}