KOSPI
The index opened lower on U.S. monetary tightening concerns, but aggressive dip-buying in heavyweight semiconductor names like Samsung Electronics and SK Hynix drove late-session gains toward the 5,375.36 level.
Headline
Domestic and Global Financial Market Briefing - November 11, 2026
Key Takeaways
- Wall Street tumbled overnight, led by a 0.74% drop in the Nasdaq, following higher-than-expected October U.S. CPI data and hawkish remarks from Federal Reserve officials.
- Despite inflation concerns, South Korean equities rebounded sharply on strength in semiconductors and EV batteries, with the KOSPI rising 2.60% and the KOSDAQ surging 5.62%.
- A buy-sidecar circuit breaker was triggered on the KOSDAQ for the second consecutive session, while the KRW/USD exchange rate stabilized downward to 1,334.30 (-0.76%).
KOSDAQ
Concentrated institutional inflows into secondary battery names and semiconductor equipment/materials suppliers pushed the index back above 700, triggering a buy-sidecar and posting a sharp rally of over 5%.
NASDAQ
Tech equities faced selling pressure and weakened as October CPI exceeded forecasts, a Fed official flagged the possibility of a 50bp rate hike in December, and Treasury yields rebounded.
Today's Watchlist
- Comments by senior Fed officials regarding the December rate path and whether the 10-year U.S. Treasury yield consolidates around the 5% mark.
- Absorption of short-term profit-taking on the KOSDAQ following rapid gains and two consecutive days of buy-sidecar activations.
- USDKRW currency defense tests around the 1,330 level linked to Dollar Index volatility, and the continuity of foreign capital inflows.
Risk Note
With risks of prolonged Fed monetary tightening lingering after upside inflation surprises alongside persistent external macroeconomic uncertainties, investors should remain alert to heightened volatility following the sharp short-term index rebound.
Last updated: 2026-11-11 16:00:36