South Korea Stocks Hit Record High Amid Global Market Mixed Performance

South Korea stocks hit a fresh record high on Monday, bucking a mixed performance across Asia-Pacific markets as investors monitored lingering uncertainty around U.S.-Iran negotiations after President Donald Trump said he was in "no hurry" to strike a deal to end the conflict.

South Korea's Kospi jumped 3.68% to 8,788.38 while the small-cap Kosdaq was down 2.3% to 1,050.03. Shares of Samsung Electronics surged more than 10% to hit an all-time high.

Japan's Nikkei 225 rose 0.91% to 66,934.33, while the Topix declined 042 to close at 3,940.7%. In Australia the S&P/ASX 200 was flat at 8,729.4.

Shares of SoftBank Group rose 14% after the conglomerate on Sunday announced plans to invest 45 billion euros ($53 billion) over the next five years to build artificial intelligence infrastructure in France.

The Hang Seng index rose 0.86% in the final hour of trade while the CSI 300 was down 0.98%, closing the trading day at 4,844.26.

The U.S. and Iran have still not finalized an agreement to end the conflict, Trump said in an interview with his daughter-in-law, Lara Trump, on Fox News Saturday. He added that he is pressing for a deal that would ensure Iran never acquires a nuclear weapon.

While he said he would prefer a swift resolution, he stressed that he was not rushing negotiations and warned that military action could resume if talks collapse.

"I'd like to say I'm in a hurry because gasoline prices are going to come tumbling down, but if you're going to be in a hurry, you're not going to make a good deal," Trump said. "And slowly but surely we're getting, I think, what we want, and if we don't get what we want we're going to end it a different way."