(2nd LD) Seoul shares tumble 4 pct on renewed U.S.-Iran tensions; won strengthens

On Wednesday, September 2, South Korean stocks experienced a sharp decline, tumbling 4 percent in Seoul. The downturn in the South Korean equities market was driven by renewed tensions between the United States and Iran.

Alongside the significant drop in stock prices, the South Korean won strengthened during the trading session. The market reaction highlights the sensitivity of South Korea's financial markets to geopolitical developments and shifts in Middle Eastern stability involving the U.S.