🚨MASSIVE CRASH IN KOREAN MARKET.
🇰🇷 South Korea’s stock market crashed 7.23% on reopening, wiping out ₩390 TRILLION ($270B) in market cap.
This is the LARGEST single-day plunge since the August 2024 yen carry trade crisis.
Monday, March 2 was a holiday so this was the first KOSPI opening since the war between the US/Israel and Iran began.
The drop is driven by pent-up selling pressure from geopolitical tensions in the Middle East and fears of disrupted global energy and oil supplies.

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