Asia-Pacific stock markets collectively plunge! The Nikkei 225 drops 2,700 points, and the Korean stock market falls 4%

GateUser-bd883c58 · 2026-03-30T12:30:45+00:00

The sharp decline in the Korean and Japanese stock markets is linked to the surge in international oil prices, with the Korea KOSPI and Nikkei 225 indices both falling more than 5%. At the same time, spot gold and silver prices declined, and U.S. stock futures also fell collectively.

GateUser-bd883c58

2026-03-30 12:30:45

Abstract generation in progress

Ask AI · Is the sharp drop in the Korean and Japanese stock markets related to the surge in oil prices?

Reporter | Li Yutong, trainee reporter Lin Qianwei

Editor | Wu Guixing

In the early trading session on March 30, the Korean and Japanese stock markets opened significantly lower. By 8:10 a.m., the Korea KOSPI index was down more than 4%. During the day, it once fell more than 5%. The Nikkei 225 index fell more than 5% and was at 50,650 points.

Among constituent stocks, Advantest was down nearly 4%, Tokyo Electron was down more than 3%, Mitsubishi Electric was down 2.22%, and SoftBank Group was up more than 3%.

International oil prices jumped in the early session. As of 8:08 a.m. Beijing time, both NYMEX crude oil and Brent crude rose by more than 3%. NYMEX crude oil was $102.92 per barrel, and Brent crude oil was $108.46 per barrel.

Spot gold briefly fell below $4,420 per ounce. As of the time of publication, the decline had narrowed to 1%, at $4,450 per ounce. Spot silver was down more than 1%, at $68.8 per ounce.

All three major U.S. stock index futures fell collectively, with the Nasdaq futures index down about 0.9% at present.

(Statement: The article content is for reference only and does not constitute investment advice. Investors act at their own risk.)

Produced by | 21 Finance Client, 21st Century Economic Herald

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.