Kospi slips in early trade as oil, yields and Fed focus curb risk appetite

  • South Korean equities declined early on Sept. 16 as foreign and institutional investors sold stocks.
  • The Kospi fell 0.08% to 6,632.53, while the Kosdaq dropped 0.78% to 806.10.
  • Brent crude settled at $108.75 as rate futures priced a 94.5% September hike probability.

South Korea’s Kospi edged lower in early trading on Sept. 16, 2026, extending pressure after a four-session decline as rising U.S. Treasury yields, surging oil prices and attention on the Federal Reserve’s policy meeting curbed demand for risk assets. The index fell 5.27 points, or 0.08%, to 6,632.53 at 9:07 a.m., with foreign investors selling a net 205 billion won and institutions selling 24.4 billion won while retail investors bought 192.8 billion won. The Kosdaq dropped 0.78% to 806.10. Brent crude settled 2.90% higher at $108.75 a barrel and West Texas Intermediate gained 4.38% to $105.83 after supply disruptions in Saudi Arabia and Libya. The rates futures market priced a 94.5% probability of a 25-basis-point Federal Reserve rate increase in September.

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