--- title: "The South Korean KOSPI index once fell 6%, retreating more than 10% from its historical high in February" type: "News" locale: "en" url: "https://longbridge.com/en/news/277700275.md" description: "Affected by the Middle East conflict, South Korea's KOSPI index once fell by 6.1%, with a cumulative decline of over 10% from the historical high in February, currently down 4.85% to 5,510.87 points. The stock prices of Samsung Electronics and SK Hynix both fell by more than 6%. The exchange rate of the Korean won against the US dollar fell below the 1,500 mark for the first time since the 2009 financial crisis, currently rebounding 0.6% to 1,476.33 per US dollar" datetime: "2026-03-04T00:35:39.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277700275.md) - [en](https://longbridge.com/en/news/277700275.md) - [zh-HK](https://longbridge.com/zh-HK/news/277700275.md) --- # The South Korean KOSPI index once fell 6%, retreating more than 10% from its historical high in February Affected by the risk aversion sentiment triggered by the Middle East conflict, South Korea's KOSPI index once fell by 6.1%, with a cumulative decline of over 10% from the historical high set on February 26. It is currently down 4.85% to 5,510.87 points. Chip giants Samsung Electronics and SK Hynix both saw their stock prices drop by more than 6%. Last night (3rd), the Korean won fell below the 1,500 mark against the US dollar, marking the first time since the global financial crisis in March 2009. This morning (4th), the won rebounded, currently up 0.6% to 1,476.33 against one US dollar ### Related Stocks - [002224.CN](https://longbridge.com/en/quote/002224.CN.md) - [SSNGY.US](https://longbridge.com/en/quote/SSNGY.US.md) ## Related News & Research - [Key facts: Samsung +10% HBM4E; union pact ends strike; 4% 2026 drop](https://longbridge.com/en/news/288340681.md) - [Foreign investors exit, retail investors take over: How much higher can memory stocks, which have repeatedly hit new highs, go?](https://longbridge.com/en/news/288502528.md) - [Foreign investors have dumped billions of dollars of Korean stocks this year. Here's why.](https://longbridge.com/en/news/288995669.md) - [The First Crack In The AI Mania?](https://longbridge.com/en/news/288854802.md) - [The Most Speculative Market On Earth](https://longbridge.com/en/news/288447505.md)