KOSPI down 19.9% from record closing highWon weakens past 1,500Foreign selling in March heaviest on record
SEOUL, March 31 (Reuters) - South Korean markets buckled on Tuesday, with shares sliding toward their worst monthly performance since the global financial crisis and the won sinking to post-crisis lows, as the Middle East war sent investors fleeing worldwide.
The benchmark KOSPI (.KS11), opens new tab sank 4.3% on Tuesday, taking its fall from late February's record closing high to 19.9%, a whisker short of confirming, on some measures, a bear market.
SEOUL, March 31 (Reuters) - South Korean markets buckled on Tuesday, with shares sliding toward their worst monthly performance since the global financial crisis and the won sinking to post-crisis lows, as the Middle East war sent investors fleeing worldwide.
The benchmark KOSPI (.KS11), opens new tab sank 4.3% on Tuesday, taking its fall from late February's record closing high to 19.9%, a whisker short of confirming, on some measures, a bear market.
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