KOSPI
Attempted an early rebound but paused around the 6,715 mark, weighed down by a 7th straight session of foreign net selling and weakness in large-cap semiconductors.
Headline
KOSPI Dips Slightly to 6,715 Level Amid Hawkish FOMC; KOSDAQ Gains for Third Straight Day
Key Takeaways
- The KOSPI turned lower late in the session amid heavy foreign selling and digestion of the Fed's hawkish rate hike, finishing slightly lower at 6,715.41 (-0.04%).
- The KOSDAQ rose 0.76% to close at 822.18, lifted by institutional net buying to extend its winning streak to three sessions.
- The USD/KRW exchange rate held modest gains around 1,381.60 KRW under dollar strength, highlighting ongoing volatility in the foreign exchange market.
KOSDAQ
Reclaimed the 820 mark to settle at 822.18, outperforming the benchmark as buying interest broadened into robotics, select secondary battery names, and equipment stocks.
NASDAQ
Expanded losses immediately following the FOMC's 25 bp hike shock overnight, but dip-buying later pared losses to close near flat (-0.01%).
Today's Watchlist
- Monitor whether foreign investors extend their 7-day selling streak on the KOSPI and watch for signs of fund flow reversal
- Track global Treasury yield movements following the release of the Fed's dot plot hinting at additional rate hikes this year
- Assess shifts in risk appetite tied to crude oil volatility and whether the USD/KRW settles firmly in the 1,380 KRW range
Risk Note
A prolonged tightening stance by the Fed alongside commodity volatility stemming from Middle East tensions may cap index upside, warranting caution over elevated market volatility.
Last updated: 2026-09-17 16:00:14