Chairman Kim Byoung Hwan of the Financial Services Commission held a meeting on June 23 to monitor stock market conditions with related authorities and industry officials. At the meeting, officials discussed the impact of U.S. military intervention in the Israel-Iran war on the domestic stock market and the consequent investor sentiment and market conditions. Amid rising market volatility, officials agreed on the need to maintain strong coordination among relevant organizations and step up efforts to monitor market situation. In addition, officials vowed to take steps to ensure a timely implementation of market stabilization measures when it becomes necessary. At the same time, officials pledged to strengthen surveillance over unfair trading activities amid market unease and take steps to bring stern measures when detected. At the meeting, Chairman Kim stressed the importance of continuing to maintain close cooperation among related authorities and stay vigilant to ensure market stability.