【Iran Crisis】 Middle East Tensions Shake Asia-Pacific Stock Markets South Korea's stock market drops over 9%, triggering circuit breakers Japanese stocks fall more than 2000 points

SocialAnxietyStaker · 2026-03-04T04:03:23+00:00

The tense situation in the Middle East is affecting Asia-Pacific stock market performance, with South Korea's stock market experiencing consecutive declines and triggering the circuit breaker mechanism on the 3rd, with the composite index falling by 9.9%. Japan and Taiwan's stock markets also suffered heavy losses, dropping 3.68% and 3.5% respectively. This stock sell-off reflects the impact of regional instability on financial markets.

SocialAnxietyStaker

2026-03-04 04:03:23

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Middle East tensions continue, dragging down the performance of Asia-Pacific stock markets. South Korea’s stock market, which has gained significantly this year, has become a target of market sell-offs. After a sharp decline of over 7% on Tuesday (the 3rd), it continued to plunge on Wednesday, triggering the circuit breaker mechanism and temporarily halting trading.

Following a drop of more than 8% in the Kospi and Kosdaq indices, the Korea Exchange activated the circuit breaker. In a regulatory filing, the exchange stated that the Kospi component stocks would suspend trading for 20 minutes starting at 11:19 AM Seoul time; the Kosdaq component stocks would suspend trading starting at 11:16 AM local time.

The South Korean Composite Index (Kospi) extended its decline to 9.9%, down 573 points to 5,218.

Japanese stocks also faced heavy selling pressure, with the Nikkei Average closing at 54,205 points, down 2,073 points or 3.68%. The Taiwan Weighted Index also dropped more than 1,200 points, a decline of 3.5%.

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