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Kospi dream rally fumbles: World’s best-performing stock plunges 7% – what’s behind crash?

The spectacular rally in South Korea’s stock market suffered a sharp reversal on Monday, with the benchmark Kospi tumbling 7%. Rising tensions across the Middle East dragged the index 511 points down to 6,964.76 as rising geopolitical tensions in the Gulf rattled investors worldwide.The sell-off came after Iran claimed it had closed the strategically vital […]
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