A post by @FirstSquawk on X.

South Korea’s finance minister said external factors are driving an excessive reaction in the country’s stock market, flagging overseas developments rather than domestic fundamentals as the main source of recent volatility. The remarks came via First Squawk and did not include specific index levels, trading volumes or market-cap figures. The intervention matters because it signals that Seoul sees the selloff as externally driven, which could shape the policy response and official messaging in the days ahead. Investors will watch whether the finance ministry follows the comment with concrete measures or further verbal support, and whether Korean equities stabilize as external pressures ease.