The Korean Stock Market Crashes: A Cry of the Ants [PQg6M81gKFx]
The Korean stock market has suffered its largest-ever decline. On March 4, 2026, the KOSPI index fell a staggering 12%. The previous largest decline was the 11% drop immediately following the September 11, 2001, terrorist attacks. On March 4, 2026, the three pillars of the Korean stock market—Samsung Electronics, SK Hynix, and Hyundai Motor—each saw their stock prices plummet by 10% to 15%. The crisis began with the US-Iran war.