KOSPI Tumbles 4% as U.S.-Iran Clash Escalates

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By Cho Tae-hyungphototom@sedaily.com
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null - Seoul Economic Daily Finance News from South Korea

Screens at the dealing room of Hana Bank's head office in central Seoul show the KOSPI, the KOSDAQ and the won-dollar exchange rate on the 2nd, as South Korean stocks fell on escalating military conflict between the United States and Iran. The KOSPI closed at 6,562.72, down 273.08 points, or 3.99%, from the previous session, while the KOSDAQ ended at 803.98, down 17.27 points, or 2.10%.

Original reporting by Cho Tae-hyung for Seoul Economic Daily.

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

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