Country: KR | Published: 2026-09-16
South Korean shares wobbled at the open on an oil price shock tied to the Hormuz standoff, then recovered into positive territory as chipmakers climbed ahead of the Fed's rate deci
South Korean shares wobbled at the open on an oil price shock tied to the Hormuz standoff, then recovered into positive territory as chipmakers climbed ahead of the Fed's rate decision. Geopolitics is doing the heavy lifting on sentiment, with Seoul's envoy heading to Washington for talks covering the strait and energy exposure, while a large lockup expiry adds share supply overhang. The domestic picture stays murky too, as Bank of Korea minutes hinting at division over further hikes keep the rate path an open question.