South Korea Stock Market Drops 7%, Chip Sector Sells Off

Financial media focus on the scale of Seoul’s response, stressing the 100 trillion won market support and the activation of a $68 billion stability fund. They frame South Korea as the epicenter of the Iran war shock in Asia but note that the market has already shown signs of bouncing with help from state support. They expect traders to watch both the conflict’s course and how quickly the government deploys its promised funds.

• •Financial outlets report that South Korea has set up or activated a roughly $68 billion fund to stabilize markets.
• •Coverage notes that the Kospi’s 12% plunge was the steepest among major Asian indexes during the Iran war sell-off.
• •Reports say the government is prepared to inject up to 100 trillion won into financial markets if needed.
• •Financial media describe a partial rebound in Korean stocks on 2026-03-05, with the Kospi leading some Asian markets higher.
• •They point out that gold prices have risen as investors seek safety from war-related market swings.