KOSPI
The index rebounded strongly to 5,239.13 (+4.39%), confirming support at the 5,000 level, though potential profit-taking pressures following the rapid short-term surge warrant caution.
Headline
Financial Market Briefing (Nov 10, 2026): Global Rebound Takes Hold as Sharp Sell-Off Eases
Key Takeaways
- Bargain hunting emerged following recent sharp declines and heightened volatility, driving both the KOSPI and KOSDAQ up by over 4%.
- The US Nasdaq rose 2.74% on the back of stabilizing employment data and perceptions that tech stocks were oversold.
- The USD/KRW exchange rate edged lower to 1,337.00 KRW as risk appetite recovered, pointing to stabilization in the FX market.
KOSDAQ
Closed at 667.61 (+4.48%), showing resilient recovery led by growth and small- to mid-cap IT stocks, though further confirmation of trading volume recovery is required.
NASDAQ
Reached 25,253.14 (+2.74%) in a successful technical rebound, yet caution persists regarding AI infrastructure spending sustainability and policy variables.
Today's Watchlist
- Sustained net inflows from foreign and institutional investors following the sharp rebound
- Potential re-emergence of valuation pressures on US tech stocks and review of Big Tech capex plans
- Stability of USD/KRW around the 1,330 range and its subsequent impact on foreign exchange gains/losses flows
Risk Note
A rapid index rebound carries risks of heightened volatility; a cautious approach is warranted until macroeconomic policy uncertainties ease and corporate earnings are confirmed.
Last updated: 2026-11-10 16:00:25