South Korean stocks experienced a significant decline on Tuesday following President Yoon Suk's declaration of martial law aimed at safeguarding the nation against perceived 'communist forces.'
The iShares MSCI South Korea ETF, which comprises nearly 100 large and midsized South Korean companies and is traded in the US, saw a notable 6% drop. Similarly, in UK trading, shares of Samsung, South Korea's largest company, fell by 7% in response to the announcement.
