Kospi jumps 2.24% as oil prices and Fed hike ease inflation fears

  • Kospi opened sharply higher as falling oil prices and Wall Street gains improved investor sentiment.
  • 2.24%: The index rose 150.53 points to 6,865.94 by 9:15 a.m.
  • Federal Reserve raised its benchmark rate by 0.25 percentage point, its first increase in over three years.

The Kospi opened sharply higher on Sept. 18, 2026, gaining 150.53 points, or 2.24%, to 6,865.94 by 9:15 a.m. Falling oil prices and the Federal Reserve’s quarter-percentage-point rate increase helped ease inflation concerns and supported broader investor sentiment. Wall Street’s S&P 500 rose 1.14% and the Nasdaq gained 1.69% overnight, while Brent crude fell almost 1% to around $104 per barrel. Samsung Electronics and SK hynix led gains among major Seoul-listed companies, while KB Financial declined. The Korean won weakened 0.1 won against the U.S. dollar to 1,381.4 won.

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