South Korean Shares Fall Ahead of Fed Decision
2025-12-10 02:19
By
Erika Ordonez
1 min. read
The benchmark KOSPI fell 0.21% to close at 4,135 on Wednesday, extending losses from the previous session, as investors positioned cautiously ahead of the Fed’s policy decision later today.
Traders continue to price in the possibility of a rate cut alongside lingering inflation concerns, keeping global risk sentiment subdued and prompting defensive positioning across major sectors.
Support from the chip sector was mixed despite a constructive global backdrop, after the US approved Nvidia’s H200 exports to China with a 25% fee, a development that typically boosts optimism for Korean semiconductor makers.
The news helped temper downside pressure on tech heavyweights, though overall trading remained muted as investors avoided large bets before the Fed’s announcement.
Losses were seen in Samsung Electronics (-0.37%), LG Energy Solution (-0.45%), Hyundai Motor (-1.47%), Hanwha Aerospace (-3.85%), KB Financial Group (-1.19%), and Kia Corporation (-0.32%).