[Breaking] Exchange "Stock Market Opening Decision Confirmed at 7:30 AM"
The Korea Exchange announced on the 4th that it will decide whether to operate the stock market on that day by the morning and reannounce the decision.
In a notice on the same day, the Korea Exchange stated, "After closely monitoring the trading trends of overseas products related to our stock market overnight, we plan to confirm and inform the decision on normal operation around 7:30 a.m. on the 4th."
Earlier, President Yoon Seok-yeol issued an emergency statement on the 3rd, declaring, "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 who plunder the freedom and happiness of our people at once, and to uphold the free constitutional order, I hereby proclaim martial law."
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Following President Yoon's proclamation of martial law to the National Assembly, stock prices, exchange rates, and virtual assets all sharply declined, but as the National Assembly plenary session passed a resolution demanding the lifting of martial law by President Yoon, the asset market is also rebounding.
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