Seoul shares rise nearly 1% on tech gains, with upcoming US-Iran talks in focus

South Korean stocks ended nearly 1 percent higher Tuesday, led by gains in technology shares, as investors watched for a possible resumption of US-Iran talks in Qatar aimed at easing tensions in the Strait of Hormuz.

The Korean won weakened against the US dollar.

The benchmark Korea Composite Stock Price Index gained 81.83 points, or 0.97 percent, to close at 8,476.47.

Investor sentiment improved after the United States and Iran were set to resume talks in Qatar aimed at easing tensions in the S ...