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The Economic Times

Business

Anupam Nagar

Global Market: South Korean stocks fall over 1% as Middle East tensions weigh on risk sentiment

South Korea Samsung SK Hynix Kospi Strait of Hormuz

South Korean shares fell more than 1% on Thursday as escalating tensions in the Middle East dampened investor risk appetite and triggered selling across major sectors, Reuters reported.

The benchmark KOSPI fell 96.61 points, or 1.37%, to 6,955.03 as of 0058 GMT, according to Reuters.

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