KOSPI
The KOSPI closed at 8,203.84, down 9.99 points from the previous day. The sharp rise in the USD/KRW exchange rate and institutional net selling are analyzed as the key factors driving the index down.
Headline
Financial Market Briefing - June 23, 2026: Domestic and Global Markets Move Downward Amid Macroeconomic Concerns
Key Takeaways
- Domestic markets closed lower, with both KOSPI and KOSDAQ experiencing downward pressure amid a rising USD/KRW exchange rate.
- The US Nasdaq also recorded a decline compared to the previous day due to profit-taking on tech stocks.
- With the USD/KRW exchange rate breaking above the 1,540 won level, concerns over foreign capital outflows are rising as the high exchange rate trend shows signs of prolonging.
KOSDAQ
The KOSDAQ closed lower at 891.52, falling below the 900 level. Weakness was observed across major market-cap IT components and bio-health stocks.
NASDAQ
The Nasdaq index closed lower at 26,166.60, impacted by uncertainty surrounding the timing of monetary policy easing and increased volatility in major Big Tech stocks.
Today's Watchlist
- Need to monitor potential smoothing operations by FX authorities and the intensity of foreign capital outflows as the USD/KRW exchange rate stays above 1,540 won.
- Check for continued hawkish remarks from US Federal Reserve officials and the resulting movements in US Treasury yields.
- Track domestic policy announcements and major corporate investment schedules related to aerospace projects, such as the Nuri rocket.
Risk Note
Careful asset allocation is advised as inflationary pressures from rising import prices due to the soaring exchange rate persist alongside valuation burdens on tech stocks.
Last updated: 2026-06-23 16:00:19