KOSPI plummets

A financial data screen in the dealing room of Woori Bank in Seoul on March 13, 2026, shows the benchmark Korea Composite Stock Price Index having lost 96.01 points, or 1.72 percent, to close at 5,487.24. South Korean stocks closed lower as investors cautiously watched situations involving the Strait of Hormuz after the new Iranian leader vowed to maintain the blockade of the sea channel. (Yonhap)

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