KOSPI
Currently closed for the weekend. As of the previous close on 2026-10-23, the KOSPI closed slightly higher at 5,550.30 (+0.30%) supported by selective buying in large-cap stocks.
Headline
Weekend Market Briefing: Macro Check Amid Market Close, Awaiting Next Week's Earnings and Monetary Policy
Key Takeaways
- As of Saturday, October 24, South Korean stock markets are closed for the weekend; in the previous session on October 23, the KOSPI closed at 5,550.30 (+0.30%) while the KOSDAQ ended at 751.69 (-1.62%).
- U.S. equities edged slightly lower in the latest session, with the NASDAQ slipping to 25,955.34 (-0.21%) amid mixed cues from Treasury yields and a wait-and-see stance on big tech earnings.
- Investors are preparing for potential volatility next week ahead of major global tech earnings reports and the Federal Reserve's interest rate decision.
KOSDAQ
Currently closed for the weekend. As of the previous close on 2026-10-23, the KOSDAQ pulled back to 751.69 (-1.62%) due to profit-taking across small- and mid-cap growth stocks.
NASDAQ
Ahead of the weekend, the NASDAQ traded in a tight, mixed range to close at 25,955.34 (-0.21%) amid interest rate uncertainties and caution ahead of key corporate earnings.
Today's Watchlist
- Next Week Checkpoint 1: Quarterly earnings releases and AI capital expenditure plans from major tech giants including Microsoft, Alphabet, and Amazon
- Next Week Checkpoint 2: The U.S. Federal Open Market Committee (FOMC) interest rate decision and Fed Chair Jerome Powell's policy remarks
- Next Week Checkpoint 3: Whether the USD/KRW exchange rate stabilizes in the 1,320 won range and if foreign institutional net buying returns to domestic equities
Risk Note
Foreign exchange and equity market volatility could shift sharply depending on major tech earnings outcomes and global central bank policy decisions; caution is also warranted regarding commodity price swings linked to potential weekend geopolitical developments.
Last updated: 2026-10-24 16:00:30