EWY is trading at $178.02, a -3.09% change, as oil-driven inflation concerns and elevated U.S. yields weighed on South Korean stocks.

  • The KOSPI closed down 2.62%.
  • Riyadh explosions and fears of further Middle East supply disruption pushed Brent up more than 5%; higher borrowing costs added pressure.
  • Foreign and institutional investors sold heavily. Samsung Electronics and SK hynix both declined, adding to local market weakness.