KOSPI plummets

A financial data screen in the dealing room of Hana Bank in Seoul on May 15, 2026, shows the benchmark Korea Composite Stock Price Index having dropped 488.23 points, or 6.12 percent, to close at 7,493.18. South Korean stocks closed sharply lower, after briefly topping the historic 8,000-point landmark, as investors moved to cash out tech and other market heavyweights after a record-breaking rally amid lingering uncertainties over the Middle East crisis. (Yonhap)

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