Business · Markets · 1 hr ago

South Korea’s Kospi falls more than 6% below 6,000

South Korea’s Kospi falls more than 6% below 6,000

South Korea’s Kospi stock index fell more than 6% and dropped below 6,000 on October 13.

It had already been declining for five straight trading days.

The fall came as international oil prices rose for a third consecutive session.

Tensions increased after Riyadh’s international airport in Saudi Arabia was hit.

The market decline and rising oil prices unfolded at the same time as these geopolitical tensions.

The available information does not say what will happen next.

Sources

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