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Jun 3, 2025 6:33 PM IST

US Stock Market LIVE Updates: South Korea’s Lee On Track to Win Election, Exit Poll Shows

South Korea’s main opposition Democratic Party nominee Lee Jae-myung is on track to win the presidential election, bringing to an end three-tumultuous years of conservative rule, according to an exit poll released soon after the voting ended.

Lee, is projected to secure 51.7% of the vote, according to a joint exit poll on Tuesday by South Korea’s three broadcasters, KBS, MBC, SBS. His main rival, the ruling People Power Party’s candidate Kim Moon-soo, is estimated to get 39.3%, the survey of more than 80,000 voters showed.

The exit polls correctly predicted the outcome of 2022 elections when Lee lost by less than 1 percentage point, the smallest margin in South Korea’s electoral history. Lee has been consistently leading in most opinion polls in the run-up to the election.