Bond yields held steady, while stocks in mainland China got a small boost after they got the OK to join a widely followed index of emerging-market stocks.
The KOSPI closed at 2,357.53 on June 21, down 11.70 points, or 0.49 percent, from the previous day.
The S&P 500 and Dow Jones Industrial Average posted their biggest daily losses in more than a month Tuesday as oil prices dropped to their lowest level since September, dragging down shares of oil companies.
The inclusion will be done in two steps: The first in May next year and the second, in August next year.
"We believe our clients will benefit from today's decision to bring Chinese equities into mainstream investment", said Ryan Stork, BlackRock's chairman for the Asia-Pacific in Hong Kong and one of the company's most senior executives, in an emailed statement. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. Its forecast for revenue and earnings this fiscal year also topped analysts' expectations.
He said the Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect paved the way for the inclusion.
McCain: Americans 'stupid' to still want to travel to NKorea
Still, opponents will question whether such negotiations may give the North more time to expand its nuclear weapons program. Those who support interaction say that an embargo simply helps the North Korean government to shut out the outside world.
"When further alignment with global market accessibility standards occurs, sustained accessibility is proven within Stock Connect and worldwide institutional investors gain further experience in the market, MSCI will reflect a higher representation of China A shares in the MSCI Emerging Markets Index". "The inclusion of "A" shares in the MSCI index is in line with the inevitable needs of global investors and reflects the confidence of worldwide investors in the good prospects for China's economic development and stability of the financial market", the CSRC said in a statement.
iShares MSCI Mexico Inv. Mt. Idx. has decreased its dividend by an average of 13.3% per year over the last three years.
This stems largely from the authorities' heavy-handed intervention during the 2015 market crash, when the government put a cap on share sales and allowed more than 50 percent of companies to suspend their shares.
OTHER MARKETS ABROAD: In Europe, France's CAC 40 fell 0.4 percent, Germany's DAX lost 0.3 percent and the FTSE 100 in London slipped 0.3 percent. Bucking the trend, the property sector jumped more than 2 percent, led by index heavyweight Vanke which surged 7 percent.
"Australia will account for just 6%, a fall of 6 percentage points".
Currencies: The British pound was little changed at $1.262. The euro rose to $1.1144 from $1.1128, and the dollar dipped to 111.39 Japanese yen from 111.41 yen.
South Korea's stock weight will decline to 15.27 per cent, Taiwan's weight will be diluted to 12.07 per cent, and India's will drop to 8.75 per cent, according to Credit Suisse analysts.