Kospi Index crashes 12% amid escalating Iran conflict, worst slide in decades
On March 4, 2026, the Kospi Index, South Korea’s main stock market index, suffered a historic plunge. The index fell more than 12% in a single session, marking its worst drop ever recorded. Markets across Asia were hit hard as geopolitical tensions in the Middle East spiked. Investors around the world turned cautious and sold risk assets.
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