[Economy PICK] Our stock market is also "shocked" by Iran's shelling of Israel.

[Anchor]
It's an economic pick time to point out today's economic issues with a reporter from the Ministry of Economy.

Reporter Ryu Hwan-hong is here.

Welcome.

The first theme is the Iranian shelling of Israel, and our stock market is also "shocked."

How much did the stock lose today?

[Reporter]
The KOSPI and KOSDAQ indexes fell all at once.

The KOSPI fell 1.2 percent and the tech-heavy KOSDAQ index fell 0.2 percent.

The KOSDAQ index also turned upward during the market, but it did not last long.

Foreigners and institutions sold net in the securities market, while foreigners and individuals sold net in the KOSDAQ market.

Samsung Electronics fell to 59,900 won in the market, collapsing the 60,000 won mark.

It is the first time in a year and seven months that Samsung Electronics has recorded the 50,000 won level.

The won-dollar exchange rate rose 11.5 won to 1,320 won as of 3:30 p.m. in the Seoul foreign exchange market.

[Anchor]
I think it's better than the New York Stock Exchange, which ended early this morning, so please organize the New York Stock Exchange situation.

[Reporter]
The Dow, Nasdaq and S&P 500 all plunged.

The blue-chip Dow fell 0.4%, the tech-heavy Nasdaq fell 1.5%, and the large-cap S&P 500 fell 0.9%.

The Nasdaq Composite had the biggest drop.It has fallen to 2.2% of

chapters.

Nvidia fell 3.66% and Apple fell 2.91% and Microsoft fell 2.23%.

Instead, defense contractor Lockheed Martin rose 3.65%, Northrop Grumman gained 3.04% and Boeing gained 1.43%.

Oil prices soared about 5% during the market, and energy sector shares also rose more than 2% on average.

The Chicago Options Exchange's volatility index, called the Fear Index, rose more than 15%.

As anxiety grew, the U.S. benchmark interest rate was cut by 0.5%p in November and the possibility of a big cut increased to around 40%, according to the Chicago Mercantile Exchange's FedWatch Tool.

[Anchor]
How do you see the impact of Iran's shelling of Israel on financial markets?

[Reporter]
International oil prices are my biggest concern.It rose to 5% of

chapters, but fortunately, the increase decreased at the last minute.

The decline in international oil prices has served as a safety valve to support the global economy.

Stock prices are also likely to fluctuate.

The New York stock market also plunged on the news of Iran's missile attack, and the fall was reduced at the last minute, and our stock market was less shocked than expected.

We are also concerned about the recent rise in the won-dollar exchange rate, which has been stable.

As anxiety grows, there is a preference for the dollar, a safe asset.

So far, financial market volatility is not so great, and the past is Israel's retaliation for Iran's missile attacks.

Iran is reported to have fired 200 missiles, and if Israel retaliates, Iran will be forced to re-attack.

The international financial and raw material markets are likely to fluctuate.

The government is also in a position to actively respond while keeping an eye on the possibility of such changes.