Global Market: South Korean shares fall nearly 2% as Middle East tensions weigh on sentiment

South Korean shares fell nearly 2% on Monday due to heightened concerns over global energy supplies following renewed Middle East attacks. This decline is largely driven by foreign investor selling and losses in chipmakers, which are key contributors to the KOSPI index. The impact of these tensions on the global market is significant, as it can lead to increased volatility in energy prices and potentially affect trade and economic growth. As a result, investors are closely monitoring the situation to gauge its long-term effects on the market.

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Renewed Middle East attacks are heightening concerns over global energy supplies. Foreign investor selling is driving losses in South Korean shares.

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