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KOSPI Falls for Second Day as Investors Brace for Fed Signals and U.S.–RussiaUkraine Summit

Heavy foreign selling drove a second straight decline.

A dealing room at Hana Bank in downtown Seoul on Aug. 19, 2025 (Yonhap)
Officials work at a dealing room of Hana Bank in Seoul on Aug. 18, 2025. (Yonhap)
A dealing room at Hana Bank in downtown Seoul on Aug. 19, 2025 (Yonhap)
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Overview

  • The benchmark index closed down 0.81% at 3,151.56, marking a second consecutive drop.
  • Foreign investors offloaded a net 453.5 billion won, while individuals and institutions turned net buyers.
  • Traders focused on the Federal Reserve’s annual symposium later this week, where Chair Jerome Powell is expected to speak on policy direction.
  • Markets also tracked plans for a summit involving President Donald Trump, Russian President Vladimir Putin and Ukraine’s Volodymyr Zelenskyy, which investors hope could aid war-ending efforts.
  • The won weakened to 1,390.7 per dollar, with light turnover as decliners outpaced gainers 610 to 270 on 281.47 million shares worth 8.54 trillion won.