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Global Market: South Korean stocks fall over 1% as Middle East tensions weigh on risk sentiment

South Korean shares fell over 1% on Thursday as escalating Middle East tensions and attacks near the Strait of Hormuz weighed on investor sentiment. The KOSPI declined 1.37%, with major technology and heavyweight stocks including Samsung…

Global Market: South Korean stocks fall over 1% as Middle East tensions weigh on risk sentiment
Global Market: South Korean stocks fall over 1% as Middle East tensions weigh on risk sentiment
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, ETMarkets.com

Synopsis

South Korean shares fell over 1% on Thursday as escalating Middle East tensions and attacks near the Strait of Hormuz weighed on investor sentiment. The KOSPI declined 1.37%, with major technology and heavyweight stocks including Samsung Electronics, SK Hynix and Samsung BioLogics falling, while foreign investors remained net sellers.

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Reported by Anupam Nagar · Syndicated via official news feed

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