Stock Track | iShares MSCI South Korea ETF Plunges 5.77% in Night Session Amid Geopolitical Turmoil from Trump's Iran Speech

Stock Track04-02

The iShares MSCI South Korea ETF (EWY) experienced a significant 24-hour plunge of 5.77% during the night session on Wednesday.

Global financial markets were thrown into turmoil following a new speech by former U.S. President Donald Trump detailing military actions against Iran. Trump claimed a decisive victory that degraded Iran's military capabilities and threatened more intense strikes in the coming weeks, including potential attacks on Iranian power plants if negotiations fail.

The resulting geopolitical uncertainty triggered sharp declines across multiple asset classes, with South Korea's stock market falling considerably as part of this broader market sell-off, directly impacting the EWY ETF which tracks South Korean equities.

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