South Korean equities fell, as escalating Middle East tensions and rising oil prices prompted investors to further reduce risk exposure.
The Kospi plunged as much as 8.8% Monday, leading losses in Asia. Trading was haltedBloomberg Terminal for 20 minutes during morning trading on the steep losses. Chip heavyweights Samsung Electronics Co. and SK Hynix Inc. were again the biggest drags on the benchmark index, declining more than 10% each.
