🔴 FLXK.DE is trading 5.5% down today after surprise Bank of Korea rate hike and KOSPI plunge

FLXK.DE is trading at €76.09 (-5.48%) following a surprise Bank of Korea rate hike and a subsequent plunge in the KOSPI index.

• South Korea’s Bank of Korea raised interest rates by 25bps to 2.75%, pressuring equities as inflation remains persistent.
• The KOSPI plunged 6.6%, with major holdings like Samsung and SK Hynix hit hard by broad risk-off selling.