Seoul shares down late Thurs. morning amid U.S.-Iran ceasefire uncertainties | Yonhap News Agency

## Summary
OK SEOUL, April 9 (Yonhap) -- South Korean stocks lost ground late Thursday morning as Washington and Tehran remained divided over the terms of a two-week ceasefire, including whether it includes ending Israel's offensive against Lebanon. Uncertainties surrounding tensions in the Middle East, however, continued as the U.S. and Iran were divided over whether the ceasefire includes ending Israel's offensive against Lebanon. "Washington and Tehran are also at odds over Iran's uranium enrichment and jurisdiction over the Strait of Hormuz," Han Ji-young, an analyst at Kiwoom Securities, said. An official works at the dealing room of Hana Bank in central Seoul on April 9, 2026. (Yonhap) colin@yna.co.kr (END) Related Articles Seoul shares open lower amid lingering Middle East uncertainties Economic volatility 'somewhat' eases after U.S.-Iran ceasefire: finance minister Keywords #stocks #morning Articles with issue keywords Most Liked (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho BTS tops Spotify weekly charts for 2nd week with new album 'Arirang' Lee voices hope for peace in Easter message Most Saved 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho (3rd LD) Lee says S. Korean road lined with cherry blossoms KOSPI falls prev Seoul shares down late Thurs. morning amid U.S.-Iran ceasefire uncertainties Next Seoul shares down late Thurs. morning amid U.S.-Iran ceasefire uncertainties

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SEOUL, April 9 (Yonhap) -- South Korean stocks lost ground late Thursday morning as Washington and Tehran remained divided over the terms of a two-week ceasefire, including whether it includes ending Israel's offensive against Lebanon.
The benchmark Korea Composite Stock Price Index (KOSPI) fell 57.93 points, or 0.99 percent, to 5,814 as of 11:20 a.m.
The United States and Iran reached a two-week ceasefire agreement on Tuesday (U.S. time), including the reopening of the crucial Strait of Hormuz.
Uncertainties surrounding tensions in the Middle East, however, continued as the U.S. and Iran were divided over whether the ceasefire includes ending Israel's offensive against Lebanon.
"Washington and Tehran are also at odds over Iran's uranium enrichment and jurisdiction over the Strait of Hormuz," Han Ji-young, an analyst at Kiwoom Securities, said.
Han noted that although the market is taking a breather, the South Korean stock market is not likely to experience any extreme volatility.
"With the U.S. market closing higher despite reports of disagreements during trading hours, the market is becoming more resilient to the war," Han added.
In Seoul, top market cap Samsung Electronics fell 2.38 percent, and SK hynix lost 2.42 percent.
Oil refiners traded higher as global crude prices rebounded amid geopolitical uncertainties, with SK Innovation rising 3.32 percent and S-Oil climbing 5.89 percent.
Carmakers traded mixed, with Hyundai Motor falling 0.98 percent, while its sister Kia added 1.07 percent.
Leading online search engine giant Naver slipped 0.99 percent, and Kakao shed 0.84 percent.
The local currency was trading at 1,479.9 won against the greenback at 11:20 a.m., down 9.3 won from the previous session.
An official works at the dealing room of Hana Bank in central Seoul on April 9, 2026. (Yonhap)
colin@yna.co.kr
(END)
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Seoul shares down late Thurs. morning amid U.S.-Iran ceasefire uncertainties
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Seoul shares down late Thurs. morning amid U.S.-Iran ceasefire uncertainties

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## Expert Analysis

### Merits
- Oil refiners traded higher as global crude prices rebounded amid geopolitical uncertainties, with SK Innovation rising 3.32 percent and S-Oil climbing 5.89 percent.

### Areas for Consideration
- An official works at the dealing room of Hana Bank in central Seoul on April 9, 2026. (Yonhap) colin@yna.co.kr (END) Related Articles Seoul shares open lower amid lingering Middle East uncertainties Economic volatility 'somewhat' eases after U.S.-Iran ceasefire: finance minister Keywords #stocks #morning Articles with issue keywords Most Liked (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho BTS tops Spotify weekly charts for 2nd week with new album 'Arirang' Lee voices hope for peace in Easter message Most Saved 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho (3rd LD) Lee says S.

### Implications
- An official works at the dealing room of Hana Bank in central Seoul on April 9, 2026. (Yonhap) colin@yna.co.kr (END) Related Articles Seoul shares open lower amid lingering Middle East uncertainties Economic volatility 'somewhat' eases after U.S.-Iran ceasefire: finance minister Keywords #stocks #morning Articles with issue keywords Most Liked (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho BTS tops Spotify weekly charts for 2nd week with new album 'Arirang' Lee voices hope for peace in Easter message Most Saved 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho (3rd LD) Lee says S.
- Korea fires short-range ballistic missiles in back-to-back launch (LEAD) N.

### Expert Commentary
This article covers percent, korea, seoul topics. Notable strengths include discussion of percent. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 565.