South Korea’s Kospi index fell about 1.6% on Friday, after falling about 1% in the previous session.
The index saw increased volatility and sharp declines this week after the country’s President Yoon Suk-yeol suddenly lifted the imposition of martial law on Wednesday amid violent popular and political reactions.
South Korea’s ruling party leader Han Dong-hoon said Friday that the president should be removed from power to protect the nation, citing an attempt to impose martial law.
Other regional markets, including the Philippines’ PSEi Composite Index and Singapore’s FTSE Straits Times Singapore Index, fell 0.5% and 0.4%, respectively.
