🔴 KOSPI100 ETF (237350.KS) is trading 3% down after renewed U.S.-Iran clashes pushed oil prices higher

237350.KS is trading at KRW 83145.00 (-3.03%) after renewed U.S.-Iran military clashes pushed oil prices higher and pressured Asian equities.

• South Korea’s KOSPI fell 3.08% at the September 2, 2026 open, closely matching the ETF’s decline.
• Higher oil prices and bond yields revived inflation and interest-rate concerns, weighing on large-cap growth stocks.
• The move appears broad-based rather than ETF-specific, reflecting geopolitical risk and global deleveraging; KOSPI100’s large Korean blue-chip exposure amplified the market-wide selloff.