【Iran Crisis】Middle East Tensions Shake Up Asia-Pacific Stock Markets South Korea's stock market plunges 12% South Korea's Financial Commission states that a 100 trillion won market injection plan will be activated if necessary Japanese stocks drop over 2000 points

SocialAnxietyStaker · 2026-03-04T09:58:09+00:00

Tensions in the Middle East affect Asia-Pacific stock markets, with South Korea's stock market plummeting, dropping over 10% on Wednesday, triggering the circuit breaker mechanism. The Korea Composite Index fell 12%, marking the largest single-day decline since 2008. Japanese and Taiwanese stock markets also suffered heavy losses, prompting official concern and the launch of market stabilization plans.

SocialAnxietyStaker

2026-03-04 09:58:09

Abstract generation in progress

The ongoing tensions in the Middle East continue to weigh on the Asia-Pacific stock markets. South Korea’s stock market, which has gained significantly this year, has been hit hard. After dropping more than 7% on Tuesday (the 3rd), it plunged over 10% on Wednesday, triggering a circuit breaker in the morning and suspending trading for 20 minutes.

The South Korean Composite Index (Kospi) ultimately closed down 698 points at 5,093, a 12% decline, marking the largest single-day drop since 2008. The Korean Startup Index (Kosdaq) also fell sharply by 14%.

The sharp decline in the local stock markets has attracted attention from official agencies. The Korean Financial Services Commission stated that if market volatility worsens, they will actively activate a market stabilization plan involving over 100 trillion won (approximately $68 billion).

Japanese stocks also faced heavy selling pressure. The Nikkei Average closed at 54,245 points on Wednesday, down 2,033 points or 3.61%. Taiwan’s Weighted Index also fell 1,494 points, a decline of 4.3%.

Financial Hot Topics

Middle East conflict threatens oil supply. Will oil prices break $100? Could this impact the global economy?

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes