Bank of Korea Pauses at 3% as KOSPI Profit-Taking Hits Semiconductors After 3% Surge
BOK held rates at 3.00% after two consecutive hikes as KOSPI opened down 1%+ on semiconductor profit-taking; November hike risk remains open.
Key points
- BOK holds at 3.00% after back-to-back hikes; November hike possible if inflation stays firm.
- KOSPI opens -1.14% on profit-taking; Samsung and SK Hynix lead declines after previous 3% surge.
- Watch BOK November decision and Samsung Q3 earnings for Korean semiconductor re-rating.
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Read the full analysis on market.news
🇰🇷 South Korea Stocks Fed Policy bok semiconductors repo-rate asia