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The KOSPI closed at 2,348.97 on March 14, down 2.56% and its biggest daily fall of the year, as foreign investors sold heavily following the collapse of Silicon Valley Bank. The top 30 market-cap companies all declined.
Equity outflows and risk aversion tied to the banking shock weaken the won and tighten financial conditions, adding macro pressure on Korean import-dependent feed buyers.
koreatimes.co.krAnna J. ParkMar 14, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
