Particle.news
Download on the App Store
3 ARTICLES
·
4h ago

KOSPI Falls at the Open as Tariff Worries Deepen Before U.S. PCE Data

Powell’s valuation warning kept investors on edge, with the won weakening toward 1,410 per dollar.

This photo shows the dealing room of Hana Bank in central Seoul on Sept. 25, 2025. (Yonhap)
A dealing room at Hana Bank in central Seoul on Sept. 25, 2025 (Yonhap)

Overview

  • South Korea’s benchmark index dropped 0.94% to 3,438.38 in the first 15 minutes, led lower by Samsung Electronics and SK hynix.
  • The won traded at 1,410.5 per U.S. dollar at 9:15 a.m., down 9.9 won from the prior session.
  • President Trump called South Korea’s $350 billion investment pledge “up front,” a remark that coincided with fresh concern over protracted tariff and investment talks.
  • The prior session ended nearly flat at 3,471.11 as investors awaited the PCE inflation reading, with retailers taking profits and foreigners and institutions net buying while short- and mid-term yields rose.
  • Naver surged 11.4% the previous session on reports it is pushing to acquire crypto-exchange operator Dunamu.