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Daily Briefing (English)

2026-10-17 · KOSPI & Nasdaq
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Headline

October 17 Weekend Market Briefing: Reviewing Weekly Trends Amid Domestic Market Closure

Key Takeaways
  • As of the reference date (2026-10-17), Korean exchanges (KOSPI and KOSDAQ) were closed for the weekend regular trading session.
  • As of the previous closing session (2026-10-16), domestic equity markets closed higher led by large-cap tech and growth stocks, while the US NASDAQ retreated amid interest rate and valuation pressures.
  • The market remains in a wait-and-see stance ahead of upcoming comments from US Federal Reserve officials and global tech earnings reports, highlighting the need to monitor potential volatility in the coming week.
Highlights

KOSPI

The market is closed for the weekend. As of the previous close on 2026-10-16, the KOSPI gained to finish at 5,668.05 (+2.05%), though foreign institutional flow volatility warrants monitoring in light of upcoming global macroeconomic releases next week.

Highlights

KOSDAQ

The market is closed for the weekend. As of the previous close on 2026-10-16, the KOSDAQ rebounded sharply to end at 794.78 (+4.46%), with potential profit-taking selling pressures to be considered following the short-term surge.

Highlights

NASDAQ

US markets closed lower in the latest trading session, with the NASDAQ declining to 26,140.03 (-2.14%) under the combined pressure of Treasury yield movements and cautious sentiment ahead of major Big Tech earnings.

Today's Watchlist
  • Revisions to earnings estimates as the Q3 earnings season ramps up for major US Big Tech firms and key domestic listed companies
  • Release of key inflation metrics, including South Korea's September Producer Price Index (PPI), and their implications for Bank of Korea monetary policy
  • Foreign investor net positioning in cash and futures markets influenced by USD/KRW exchange rate movements in the upper 1,330 range
Risk Note

Risk management is advised as weekend global macroeconomic headlines and international futures market movements may trigger opening gap volatility on Monday.

Last updated: 2026-10-17 16:00:24