South Korea’s Kospi tanks 8% despite US-Iran war optimism. Here are 4 reasons why - The Economic Times
• South Korea’s benchmark Kospi index plummeted 8.1% (551 points) to 6,2505, triggering "sidecar" trading curbs to temporarily halt program trading. • The decline was part of a broader regional slump, with the MSCI Asia Pacific Index falling 2.92%, Japan's Nikkei dropping 3.86%, and technology stocks suffering the heaviest losses. • This volatility occurs despite optimism regarding US-Iran relations, as investors brace for a high-stakes week of corporate earnings and global economic data.
economictimes.indiatimes.com





