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Daily Market Briefing

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KOSPI Closes Slightly Lower Amid Fed's Hawkish Rate Hike, While KOSDAQ Rises

The KOSPI index closed at 6,715.41 on September 17, 2026, down 0.04% from the previous session, following the U.S. Federal Reserve's interest rate hike. Despite this, the KOSDAQ rose by 0.76% to 822.18, indicating mixed investor sentiment.

Key points

  • The KOSPI declined by 0.04% to 6,715.41 amid the Fed's rate hike.
  • The KOSDAQ rose by 0.76% to 822.18, showing mixed investor sentiment.
  • Foreign investors continued their selling streak, contributing to downward pressure on the KOSPI.
  • Individual and institutional investors engaged in buying, resulting in a tight tug-of-war for market supply and demand.

Sources

AI-generated from public news sources. Not financial advice.

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