empty
 
 

12.10.202601:25:54UTC+00South Korean Shares Fall to Over 1-Month Low

The benchmark KOSPI fell nearly 3% to around 6,440 on Monday, extending its decline to a more than one-month low as intensifying tensions in the Middle East and higher oil prices stoked inflation worries. Renewed Houthi attacks on Saudi Arabia and the risk of deeper US involvement fueled concerns over a broader regional conflict and potential disruptions to energy supplies, with Brent crude holding above USD 104 per barrel.

At the same time, elevated US Treasury yields and rising expectations of further monetary tightening pressured equity markets. Technology shares led the downturn: SK hynix and Samsung Electronics dropped nearly 4% and more than 2%, respectively, as persistent foreign selling outweighed robust semiconductor earnings and record export growth.

Other notable decliners included SK Square (-3.9%), Doosan Enerbility (-5.1%), Hanwha Aerospace (-2.0%), HD Hyundai Heavy Industries (-3.5%), LG Electronics (-5.0%), and LS Electric (-3.1%).

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In October we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback