Seoul's KOSPI index gained 190.76 points, or 2.33 percent, to reach 8,376.05 by 11:20 a.m. on May 29, 2026, according to Yonhap News. The move coincided with reports of a 60-day US-Iran ceasefire extension and further nuclear talks, alongside record closes for major US indexes and a drop in oil prices. Individual stocks showed varied performance, with LG Electronics rising 26.72 percent and defense names declining.