Seoul shares dip over 2% on tech losses amid Iran deal uncertainty

South Korean stocks ended by more than 2 pct Wednesday as investors locked in gains following recent artificial intelligence-fueled rallies in semiconductor shares, amid uncertainty over fragile US-Iran peace talks.

The Korean won weakened against the US dollar.

The benchmark Korea Composite Stock Price Index lost 173.07 points, or 2.04 percent, to close at 8,303.41.

Overnight, US stocks closed higher on a continued chip rally, while investors closely watched developments regarding peace talks b ...