South Korean stocks are expected to reach a one-year low due to foreign investors selling shares in major exporters, particularly Samsung Electronics Co., due to concerns about Donald Trump's protectionist trade policies.
On Wednesday, the benchmark Kospi index fell by up to 2.3%, making it the worst performer in Asia during a regional selloff.
Market analysts believe that the decline is a result of fears about the proposed tariffs and policies of the US President-elect, which could lead to higher inflation levels. This has caused uncertainty among investors and significant sell-offs in the South Korean market.