South Korean Shares Tumble at Opening Amid Geopolitical Tensions

Deep News03-13

South Korean equities opened sharply lower on Friday, following a pledge from Iran's new leader to maintain the blockade of a critical Middle Eastern waterway, which has pushed global crude prices close to the $100 per barrel threshold.

The Korea Composite Stock Price Index (KOSPI) dropped 170.86 points, or 3.06 percent, to open at 5,412.39. The index had edged down 0.48 percent in the previous session.

Overnight, the Dow Jones Industrial Average fell 1.56 percent, hitting a new low for the year. The Nasdaq Composite declined 1.78 percent, while the S&P 500 dropped 1.52 percent.

The market decline stems from comments by Iran's new Supreme Leader, Mujtaba Khamenei, who vowed to continue blocking the Strait of Hormuz. The strait is a passage for approximately 20 percent of the world's oil shipments. Khamenei also warned of severe measures against the United States and Israel.

The international crude benchmark Brent surpassed $100 per barrel, while the U.S. benchmark West Texas Intermediate (WTI) reached $95.73 per barrel.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1109229369?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-13 12:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1109229369","market":"other","top_or_hot":-1,"title":"South Korean Shares Tumble at Opening Amid Geopolitical Tensions","media":"Deep News","content":"<p>South Korean equities opened sharply lower on Friday, following a pledge from Iran's new leader to maintain the blockade of a critical Middle Eastern waterway, which has pushed global crude prices close to the $100 per barrel threshold.</p>\n<p>The Korea Composite Stock Price Index (KOSPI) dropped 170.86 points, or 3.06 percent, to open at 5,412.39. The index had edged down 0.48 percent in the previous session.</p>\n<p>Overnight, the Dow Jones Industrial Average fell 1.56 percent, hitting a new low for the year. The Nasdaq Composite declined 1.78 percent, while the S&P 500 dropped 1.52 percent.</p>\n<p>The market decline stems from comments by Iran's new Supreme Leader, Mujtaba Khamenei, who vowed to continue blocking the Strait of Hormuz. The strait is a passage for approximately 20 percent of the world's oil shipments. Khamenei also warned of severe measures against the United States and Israel.</p>\n<p>The international crude benchmark Brent surpassed $100 per barrel, while the U.S. benchmark West Texas Intermediate (WTI) reached $95.73 per barrel.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>South Korean Shares Tumble at Opening Amid Geopolitical Tensions</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSouth Korean Shares Tumble at Opening Amid Geopolitical Tensions\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2026-03-13 12:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>South Korean equities opened sharply lower on Friday, following a pledge from Iran's new leader to maintain the blockade of a critical Middle Eastern waterway, which has pushed global crude prices close to the $100 per barrel threshold.</p>\n<p>The Korea Composite Stock Price Index (KOSPI) dropped 170.86 points, or 3.06 percent, to open at 5,412.39. The index had edged down 0.48 percent in the previous session.</p>\n<p>Overnight, the Dow Jones Industrial Average fell 1.56 percent, hitting a new low for the year. The Nasdaq Composite declined 1.78 percent, while the S&P 500 dropped 1.52 percent.</p>\n<p>The market decline stems from comments by Iran's new Supreme Leader, Mujtaba Khamenei, who vowed to continue blocking the Strait of Hormuz. The strait is a passage for approximately 20 percent of the world's oil shipments. Khamenei also warned of severe measures against the United States and Israel.</p>\n<p>The international crude benchmark Brent surpassed $100 per barrel, while the U.S. benchmark West Texas Intermediate (WTI) reached $95.73 per barrel.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KORU","symbol_name":"Direxion Daily MSCI South Korea Bull 3x Shares","start_time":0,"source_url":"","article_id":"1109229369","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1109229369","pubTimestamp":1773374729,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"South Korean equities opened sharply lower on Friday, following a pledge from Iran's new leader to maintain the blockade of a critical Middle Eastern waterway, which has pushed global crude prices...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"KORU":"Direxion Daily MSCI South Korea Bull 3x Shares","BK4504":"桥水持仓","BK4588":"碎股","BK4581":"高盛持仓","VEA":"EAFE指数ETF-Vanguard MSCI","BK4585":"ETF&股票定投概念","BK4535":"淡马锡持仓","MKOR":"Matthews Korea Active ETF","FLKR":"Franklin FTSE South Korea ETF","EWY":"韩国ETF-iShares MSCI"},"translate_title":"地缘政治紧张局势导致韩国股市开盘暴跌","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MKOR":1,"EWY":1,"FLKR":1,"VEA":1,"KORU":1},"content_text":"South Korean equities opened sharply lower on Friday, following a pledge from Iran's new leader to maintain the blockade of a critical Middle Eastern waterway, which has pushed global crude prices close to the $100 per barrel threshold.\nThe Korea Composite Stock Price Index (KOSPI) dropped 170.86 points, or 3.06 percent, to open at 5,412.39. The index had edged down 0.48 percent in the previous session.\nOvernight, the Dow Jones Industrial Average fell 1.56 percent, hitting a new low for the year. The Nasdaq Composite declined 1.78 percent, while the S&P 500 dropped 1.52 percent.\nThe market decline stems from comments by Iran's new Supreme Leader, Mujtaba Khamenei, who vowed to continue blocking the Strait of Hormuz. The strait is a passage for approximately 20 percent of the world's oil shipments. Khamenei also warned of severe measures against the United States and Israel.\nThe international crude benchmark Brent surpassed $100 per barrel, while the U.S. benchmark West Texas Intermediate (WTI) reached $95.73 per barrel.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1109229369","isCrawlerRequest":true}