South Korean Shares End Lower
I'm PortAI, I can summarize articles.
South Korean shares fell as the KOSPI index dropped 0.59% to 4,111, influenced by cautious investor sentiment following the US Federal Reserve's policy decision. Despite a 25 bps rate cut, the Fed signaled only one more cut next year, causing market division. Tech stocks, including SK Hynix, faced pressure due to trading warnings. Institutional profit-taking led to KRW 771 billion in net selling, partially offset by foreign and individual buying. A softer won added pressure.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Trading Economics The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments