Overview
- South Korea’s KOSPI fell 0.27% to 4,143.55 on Tuesday, snapping a two-session advance ahead of the Federal Reserve’s meeting.
- Foreign investors sold a net 91.2 billion won, with individuals also net sellers and institutions posting net purchases of 49.4 billion won.
- The won weakened to 1,472.3 per U.S. dollar at the close, a 5.4-won decline from the prior session.
- Semiconductor and auto shares led losses, with Samsung Electronics down 1.0%, SK hynix off 1.91%, Hyundai Motor down 2.69% and Kia lower by 1.43%.
- Markets widely expect a 0.25 percentage point cut, yet focus remains on the Fed’s outlook as investors also watch U.S. tech earnings from Oracle and Broadcom for cues on Korean chip sentiment.