South Korea's Kospi Tumbles 6% Amid Gulf Conflict and Inflation Fears

Kospi stock market Gulf conflict

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South Korea's Kospi stock market plunged 6% on Monday, driven by escalating Gulf conflict, rising oil prices, and inflation fears.
Major tech stocks like SK Hynix and Samsung Electronics saw significant drops, contributing to the market's entry into technical bear territory.

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South Korea's Kospi stock market plunged 6% on Monday, driven by escalating Gulf conflict, rising oil prices, and inflation fears. Major tech stocks like SK Hynix and Samsung Electronics saw significant drops, contributing to the market's entry into technical bear territory.

Read the full article on Economic Times

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Sujetsstock market Gulf conflict Strait of Hormuz oil prices inflation AI stocks

This article was originally published by Economic Times.

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