South Korea stocks hit record high after Bank of Korea keeps interest rate unchanged

LivestreamMenuMake ItselectUSAINTL

LivestreamSearch quotes, news & videos

LivestreamWatchlist

SIGN INCreate free accountMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPRO

LivestreamMenu

Asia-Pacific markets traded mixed Thursday as investors assessed the Bank of Korea's latest policy decision.

news-details

South Korea's central bank held its benchmark interest rate at 2.50%, in line with Reuters' expectations, as the recent slide in the won has narrowed room for policy easing.

The country's benchmark Kospi jumped 1.58% to a record high of 4,797.55, while the small-cap Kosdaq rose 0.95% to end the trading day at 951.16. The South Korean won weakened around 0.2% to 1,466.6 against the dollar.

The Nikkei 225 declined 0.42% to 54,110.5, while the Topix added 0.68% to 3,668.98. Australia's S&P/ASX 200 rose 0.47% to 8,861.7.

Shares of Toyota Industries jumped 5.8% after Toyota Motors said late Wednesday it had agreed to increase its bid for Toyota Industries to 18,800 yen ($118.11) a share.

Hong Kong's Hang Seng index lost 0.66%, while CSI 300 fell 0.42%.

Shares of Trip.com fell as much as 21%, making it the worst bottom mover on the Hong Kong index, after China's market regulator said on Wednesday it had opened an investigation into the online travel platform over suspected monopolistic behavior. The company last traded 17.2% lower.

The Japanese yen strengthened marginally to 158.34 against the dollar. Markets are watching for possible intervention by Japanese authorities after the currency slid to an 18-month low earlier this week.

Indian markets were closed for a holiday.

Overnight in the U.S., stocks fell for a second session, pulling back further from record levels, as traders digested a fresh batch of earnings and monitored geopolitical developments.

The S&P 500 dropped 0.53% and closed at 6,926.60. The Dow Jones Industrial Average lost 42.36 points, or 0.09%, and ended at 49,149.63. The Nasdaq Composite shed 1%, settling at 23,471.75. It was the second consecutive day of losses for all three indexes.

Tech bogged down the broader market. Chip stocks in particular suffered losses, as Broadcom fell 4% and Nvidia and Micron Technology slid more than 1% each. On Wednesday, Reuters, citing people briefed on the matter, reported that Chinese customs authorities have advised customs agents that Nvidia's H200 chips are not permitted to enter the country.

— CNBC's Sean Conlon and Pia Singh contributed to this report.

Got a confidential news tip? We want to hear from you.

Sign up for free newsletters and get more CNBC delivered to your inbox

Get this delivered to your inbox, and more info about our products and services.

© 2026 Versant Media, LLC. All Rights Reserved. A Versant Media Company.

Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis.

Data also provided by

Why retirement may be harder to reach for many older Americans in 2026

China pushes coal-fired power projects alongside renewables