Seoul shares down for 2nd day on prolonged Hormuz shutdown; won declines | Yonhap News Agency

## Summary
OK SEOUL, March 13 (Yonhap) -- South Korean stocks closed lower Friday as investors cautiously watched situations involving the Strait of Hormuz after the new Iranian leader vowed to maintain the blockade of the sea channel. The Korean won was trading at 1,493.7 won against the U.S. dollar, down 12.5 won from the previous session, as of 3:30 p.m. This photo, taken March 13, 2026, shows a dealing room of Hana Bank in Seoul. (Yonhap) colin@yna.co.kr (END) Keywords #stocks #summary Articles with issue keywords Most Liked U.S. transport aircraft spotted departing Osan Air Base amid Patriot relocation speculation (News Focus) Topping 10 mln, 'The King's Warden' offers rare boost to Korean cinema (News Focus) USFK's relocation of military assets to Middle East raises concerns about Seoul's capability to deter N.K. threats (News Focus) How 'The King's Warden' captured 10 mln Korean viewers 16th Gwangju Biennale: You must change your life Most Saved (News Focus) How 'The King's Warden' captured 10 mln Korean viewers (News Focus) Topping 10 mln, 'The King's Warden' offers rare boost to Korean cinema U.S. transport aircraft spotted departing Osan Air Base amid Patriot relocation speculation 16th Gwangju Biennale: You must change your life Lee says to swiftly introduce fuel price cap as Mideast crisis intensifies Most Viewed All Categories (LEAD) Gov't to implement fuel price cap system starting midnight to help ease cost burdens (3rd LD) PM calls on Vance to work together to quickly implement deals on nuclear subs, energy, shipbuilding (2nd LD) Vance welcomes Nat'l Assembly passage of U.S. investment bill: Seoul's PM office (2nd LD) National Assembly passes special bill on U.S. investment pledges with bipartisan support (LEAD) U.S. sanctions 6 individuals, 2 entities for roles in N. Most Viewed More Most Viewed Photos N.K. leader inspects munitions factory N.K. leader inspects munitions factory N.K. leader inspects munitions factory N.K. leader inspects munitions factory prev Seoul shares down for 2nd day on prolonged Hormuz shutdown; won declines Next Seoul shares down for 2nd day on prolonged Hormuz shutdown; won declines

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SEOUL, March 13 (Yonhap) -- South Korean stocks closed lower Friday as investors cautiously watched situations involving the Strait of Hormuz after the new Iranian leader vowed to maintain the blockade of the sea channel. The local currency fell against the greenback.
The Korea Composite Stock Price Index (KOSPI) moved down 96.01 points, or 1.72 percent, to close at 5,487.24. The KOSPI fell 0.48 percent Thursday.
Global crude prices continued to fluctuate, surpassing US$100 per barrel again after Mojtaba Khamenei, who was named to succeed his father as Iran's new leader, vowed to continue the blockade at the crucial waterway.
The Korean won was trading at 1,493.7 won against the U.S. dollar, down 12.5 won from the previous session, as of 3:30 p.m.
This photo, taken March 13, 2026, shows a dealing room of Hana Bank in Seoul. (Yonhap)
colin@yna.co.kr
(END)
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Seoul shares down for 2nd day on prolonged Hormuz shutdown; won declines
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Seoul shares down for 2nd day on prolonged Hormuz shutdown; won declines

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## Expert Analysis

### Merits
N/A

### Areas for Consideration
- This photo, taken March 13, 2026, shows a dealing room of Hana Bank in Seoul. (Yonhap) colin@yna.co.kr (END) Keywords #stocks #summary Articles with issue keywords Most Liked U.S. transport aircraft spotted departing Osan Air Base amid Patriot relocation speculation (News Focus) Topping 10 mln, 'The King's Warden' offers rare boost to Korean cinema (News Focus) USFK's relocation of military assets to Middle East raises concerns about Seoul's capability to deter N.K. threats (News Focus) How 'The King's Warden' captured 10 mln Korean viewers 16th Gwangju Biennale: You must change your life Most Saved (News Focus) How 'The King's Warden' captured 10 mln Korean viewers (News Focus) Topping 10 mln, 'The King's Warden' offers rare boost to Korean cinema U.S. transport aircraft spotted departing Osan Air Base amid Patriot relocation speculation 16th Gwangju Biennale: You must change your life Lee says to swiftly introduce fuel price cap as Mideast crisis intensifies Most Viewed All Categories (LEAD) Gov't to implement fuel price cap system starting midnight to help ease cost burdens (3rd LD) PM calls on Vance to work together to quickly implement deals on nuclear subs, energy, shipbuilding (2nd LD) Vance welcomes Nat'l Assembly passage of U.S. investment bill: Seoul's PM office (2nd LD) National Assembly passes special bill on U.S. investment pledges with bipartisan support (LEAD) U.S. sanctions 6 individuals, 2 entities for roles in N.

### Implications
- This photo, taken March 13, 2026, shows a dealing room of Hana Bank in Seoul. (Yonhap) colin@yna.co.kr (END) Keywords #stocks #summary Articles with issue keywords Most Liked U.S. transport aircraft spotted departing Osan Air Base amid Patriot relocation speculation (News Focus) Topping 10 mln, 'The King's Warden' offers rare boost to Korean cinema (News Focus) USFK's relocation of military assets to Middle East raises concerns about Seoul's capability to deter N.K. threats (News Focus) How 'The King's Warden' captured 10 mln Korean viewers 16th Gwangju Biennale: You must change your life Most Saved (News Focus) How 'The King's Warden' captured 10 mln Korean viewers (News Focus) Topping 10 mln, 'The King's Warden' offers rare boost to Korean cinema U.S. transport aircraft spotted departing Osan Air Base amid Patriot relocation speculation 16th Gwangju Biennale: You must change your life Lee says to swiftly introduce fuel price cap as Mideast crisis intensifies Most Viewed All Categories (LEAD) Gov't to implement fuel price cap system starting midnight to help ease cost burdens (3rd LD) PM calls on Vance to work together to quickly implement deals on nuclear subs, energy, shipbuilding (2nd LD) Vance welcomes Nat'l Assembly passage of U.S. investment bill: Seoul's PM office (2nd LD) National Assembly passes special bill on U.S. investment pledges with bipartisan support (LEAD) U.S. sanctions 6 individuals, 2 entities for roles in N.

### Expert Commentary
This article covers korean, seoul, leader topics. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 423.