KOSPI Plunges Below 5,800 as U.S.-Iran Conflict Sparks Market Panic

Finance|
|
By Lee Deok-yeon
|
[Breaking] KOSPI crashes below 5800... Stock market in 'panic' over U.S.-Iran war - Seoul Economic Daily Finance News from South Korea
[Breaking] KOSPI crashes below 5800... Stock market in 'panic' over U.S.-Iran war

South Korean equities plummeted on Monday as escalating tensions in the Middle East following the launch of U.S. military operations against Iran rattled global markets.

The benchmark KOSPI index fell 445.03 points, or 7.13%, to 5,799.10 as of 3:17 p.m. local time, according to the Korea Exchange.

Related Video

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.