Down 5.96%! Soaring oil prices heavily impact the Korean stock market

NightAirdropper · 2026-03-09T16:01:38+00:00

Gelonghui March 9th | Soaring oil prices severely hit the Korean stock market, with the Korea Composite Index dropping as much as 8.75% intraday to 5096.16 points; ultimately closing down 5.96% at 5251.87 points. The Korea Composite Index's year-to-date gain narrowed to 24.62%.

NightAirdropper

2026-03-09 16:01:38

Gelonghui March 9 — The surge in oil prices severely impacted the South Korean stock market. The KOSPI index once fell 8.75% during the session, reaching 5,096.16 points; ultimately, it closed down 5.96% at 5,251.87 points. The year-to-date increase in the KOSPI index has narrowed to 24.62%.

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