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[Breaking News] President Yoon Declares Martial Law... Exchange Says "Stock Market Operation Tomorrow Undecided"
Summary
- President Yoon Suk-yeol declared martial law, advising investors to be cautious.
- The Korea Exchange mentioned the seriousness of the situation and stated that the stock market operation is undecided.
- Due to the uncertainty of stock market operations, there is a possibility of increased market volatility.
President Yoon Suk-yeol declared martial law on the 3rd, and the Korea Exchange announced that the operation of the stock market tomorrow (4th) is undecided.
A representative from the Korea Exchange stated, "The situation is serious, and we are monitoring it," adding, "The decision on whether to operate the market tomorrow is undecided, and we will announce it once confirmed."
Earlier, at 10:20 PM, President Yoon held an emergency announcement at the Yongsan Presidential Office in Seoul, stating, "The legislative dictatorship of the Democratic Party does not hesitate to even impeach the budget," and "I declare martial law to protect the free Republic of Korea from the threat of North Korean communist forces and to eradicate the shameless pro-North anti-state forces that plunder the freedom and happiness of our people, and to uphold the free constitutional order."
Shin Min-kyung, Hankyung.com reporter radio@hankyung.com
Korea Economic Daily
hankyung@bloomingbit.ioThe Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.
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