Golden Finance reported that after South Korea’s president declared martial law, South Korea-related assets plummeted, triggering investors’ concerns about political instability and unrest. The iShares MSCI Korea ETF fell 5.1% in the U.S. market, its largest one-day drop since August 5. The South Korean won fell to its lowest level against the dollar in more than two years. Shares of Samsung Electronics, which is listed in London, fell 5%. Arup Chatterjee, a strategist at Wells Fargo in New York, said that in recent weeks, as the market began to price in the possibility of higher U.S. tariffs under the new Trump administration, domestic uncertainty in South Korea has increased amid external pressure. Increase. ADRs of other Korean companies also fell. Coupang Inc. fell 6.9% on U.S. stocks, while Posco Holdings Inc. and KB Financial Group Inc. also fell.