The benchmark KOSPI slipped 1.72% to close at 5,487 on Friday, extending losses for another consecutive session as investor sentiment deteriorated amid a surge in oil prices and a broader global market selloff. The decline followed a sharp drop in US equities overnight. The Dow Jones Industrial Average slid 1.56% to its lowest level this year, while the Nasdaq Composite dropped 1.78%. Equity markets faced added pressure after Mojtaba Khamenei, Iran’s newly appointed leader, pledged to keep the Strait of Hormuz closed. The heightened tensions pushed Brent crude above $100 per barrel, while West Texas Intermediate rose to about $95.73, fueling concerns over inflation and global economic growth. Tech stocks led the decline, with chipmakers Samsung Electronics (-2.18%) and SK Hynix (-2.04%) posting notable losses. Battery makers and oil refiner firms also dragged the index lower, including LG Energy Solution (-3.65%), SK Innovation (-5.34%), and S-Oil (-4.49%).
South Korea's main stock market index, the KOSPI, fell to 5487 points on March 13, 2026, losing 1.72% from the previous session. Over the past month, the index has declined 3.35%, though it remains 113.81% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from South Korea. Historically, the South Korea Stock Market reached an all time high of 6347.41 in February of 2026. South Korea Stock Market - data, forecasts, historical chart - was last updated on March 13 of 2026.
South Korea's main stock market index, the KOSPI, fell to 5487 points on March 13, 2026, losing 1.72% from the previous session. Over the past month, the index has declined 3.35%, though it remains 113.81% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from South Korea. The South Korea Stock Market is expected to trade at 5512.37 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4533.80 in 12 months time.