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2026-11-08 · KOSPI & Nasdaq
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Headline

[Weekend Market Review] Assessing Last Week's Shock and Key Watch Points Ahead as Korean Markets Close on Nov 8

Key Takeaways
  • On the most recent trading day (2026-11-06), the KOSPI plunged 6.02% to 5,059.69 following circuit breaker activations triggered by global AI regulation concerns, while the KOSDAQ dropped 5.03% to finish at 644.27.
  • South Korean stock markets remain closed today, Sunday, November 8, 2026, with investors closely monitoring weekend developments in global regulatory policies and financial authority responses.
  • As the US Nasdaq rebounded 1.09% to close at 24,579.42 on bargain hunting during its prior session, market attention turns to whether domestic equities can stabilize and narrow losses in the week ahead.
Highlights

KOSPI

Closed for the scheduled Sunday recess. As of the previous close on 2026-11-06, the index stood at 5,059.69 (-6.02%), hit by heavy selling concentrated in large-cap semiconductor stocks amid a US-led tech slump and AI data center regulatory risks.

Highlights

KOSDAQ

Closed for the scheduled Sunday recess. As of the previous close on 2026-11-06, the index finished at 644.27 (-5.03%), experiencing heightened volatility driven by deepening risk aversion and the triggering of program sell sidecars.

Highlights

NASDAQ

Closed the prior US session at 24,579.42 (+1.09%). While dip-buying offered support following steep declines, medium-term regulatory issues and policy uncertainties remain unresolved.

Today's Watchlist
  • Potential inflow of post-circuit breaker bargain buying and establishment of technical support levels upon domestic market reopening next week
  • Developments regarding US administration and congressional policy guidelines on AI data centers and power infrastructure
  • Potential volatility expansion in the KRW/USD exchange rate (recently around 1,364.00 won) and the timing of returning foreign capital flows
Risk Note

Although domestic equity markets are closed over the weekend, the massive volatility shock from the previous session may linger into early next week's sentiment. Confirming supply-demand stabilization remains essential even amid short-term rebound attempts.

Last updated: 2026-11-08 16:00:32