Asian stock markets: Seoul nearly flat, Sydney rises

MacroPrice ActionDigital Finance
โดย Reuters·KRAU·Read original
Summary · why it matters

Asian stock markets on the 17th saw Seoul's market close nearly flat, while Sydney's market rose. South Korea's KOSPI ended down 0.04 percent, though it had climbed more than 1 percent at one point during the session. The US Federal Reserve raised interest rates on the 16th as expected and signaled further rate hikes in the coming months. Foreign investors were net sellers to the tune of 2.3 trillion won, with semiconductor giant Samsung Electronics down 0.39 percent and its peer SK Hynix down 0.80 percent. Meanwhile, Australia's S&P/ASX 200 index ended 0.4 percent higher, having risen as much as 1 percent at one point. The financials index rose 1.4 percent, its biggest gain in more than a month, with all four major banks up more than 1 percent, but the mining index fell 0.5 percent and the energy index dropped as much as 2.2 percent amid falling crude oil prices.

Impact on stocks 4

Semiconductors▼ · 1 stocks
SK Hynix Inc
000660
▼ NegativeMonetaryrelevance

SK Hynix fell 0.80% as foreign investors sold Korean equities after the Fed's rate hike.

Artificial Intelligence▼ · 1 stocks
Others▲ · 2 stocks
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