S. Korea's benchmark KOSPI drops due to war in Middle East

By Yoo Na-hyun Posted : March 3, 2026, 17:08 Updated : March 3, 2026, 17:08
An electronic board at the dealing room of Hana Bank in central Seoul displays the KOSPI index and the won-dollar exchange rate, March 3. 2026. AJP Yoo Na-hyun
SEOUL, March 03 (AJP) - The benchmark KOSPI plunged on Tuesday as geopolitical tensions escalated following the outbreak of war between the United States and Iran. The KOSPI closed at 5,791.91, down 452.22 points, or 7.24 percent, from the previous session. The tech-heavy KOSDAQ also fell 55.08 points, or 4.62 percent, to finish at 1,137.70. An electronic board at the dealing room of Hana Bank in central Seoul displayed the sharp decline in the benchmark index.
 
An electronic board at the dealing room of Hana Bank in central Seoul displays the KOSPI index and other market indicators, March 3. 2026. AJP Yoo Na-hyun
 
An electronic board at the dealing room of Hana Bank in central Seoul displays the KOSPI index and the won-dollar exchange rate, March 3. 2026. AJP Yoo Na-hyun

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