KOSPI Composite Index falls more than 3% as semiconductor stocks weaken amid concerns over high oil prices and interest rates [fn Morning Market Update]
- Input
- 2026-09-14 09:44:33
- Updated
- 2026-09-14 09:44:33
[Financial News] The KOSPI Composite Index is falling more than 3% as large-cap semiconductor stocks weaken amid concerns over high oil prices and high interest rates.
According to the Korea Exchange (KRX), as of 9:34 a.m. on the 14th, the KOSPI Composite Index was trading at 6,706.74, down 203.17 points, or 2.94%, from the previous day.
On the main board, retail investors were net buyers of 2.3629 trillion won, while foreign investors and institutions were net sellers of 1.7565 trillion won and 772.5 billion won, respectively.
No sectors were showing gains. Electricity and electronics stocks fell 3.77%, insurance stocks declined 3.26%, and manufacturing stocks dropped 3.14%.
Among the largest companies by market capitalization, Woori Financial Group, KB Financial Group, and Shinhan Financial Group rose 2.14%, 0.84%, and 0.80%, respectively. SK Square, SK hynix, and Samsung Electro-Mechanics fell 6.43%, 4.86%, and 4.50%, respectively. Samsung Electronics was trading at 251,500 won, down 8,000 won, or 3.08%, from the previous day.
At the same time, KOSDAQ (Korea Securities Dealers Automated Quotations) was trading at 805.64, down 15.00 points, or 1.83%, from the previous day. Retail investors bought 137.2 billion won, while foreign investors and institutions sold 88 billion won and 46.3 billion won, respectively.
Investor sentiment appears to have weakened after core August Consumer Price Index (CPI) data exceeded expectations, raising the likelihood of a September rate hike. Han Ji-young, a researcher at KIWOOM Securities, said, "The market is expected to remain volatile from the beginning of the week, influenced by the August CPI results released last Friday, the possibility of a September rate hike by the Federal Open Market Committee (FOMC), the yen’s direction following the Bank of Japan (BOJ) meeting, oil price movements, and changes in foreign investor flows. The market is expected to focus on preparing for the September FOMC decision scheduled for early on the 17th."
[email protected] Bae Han-geul Reporter