🔴 277650.KS is trading 3% down today after surprise BoK rate hike and KOSPI plunge

277650.KS is trading at KRW 19,395 (down 3%) as a surprise interest rate hike by the Bank of Korea triggers a broad sell-off in domestic equities.

• The Bank of Korea unexpectedly raised its benchmark rate by 25 basis points to 2.75%, leading to a 6.6% crash in the KOSPI index.
• Mid-cap sectors are facing intensified pressure from tighter financial conditions and heavy selling across the Korean market.
• The decline extends a multi-day slide for the ETF as rate-sensitive stocks react to the hawkish policy shift.