KOSPI
Driven by strong net buying from foreign and institutional investors, large-cap stocks led a sharp rally, closing up 3.26%.
Headline
June 24, 2026 Market Closing: Strong Rally in Domestic Markets Amid Nasdaq Correction and Persistent High Exchange Rate
Key Takeaways
- The KOSPI and KOSDAQ indices surged by 3.26% and 2.00% respectively, demonstrating a robust rebound in the domestic stock markets.
- The US Nasdaq index dropped by 2.27% due to tech-heavy selling pressure, showing a decoupling trend from the domestic markets.
- The KRW/USD exchange rate continued its upward trend to close at 1,546.00 KRW (+0.82%), maintaining high tension in the foreign exchange market.
KOSDAQ
Buying pressure spread across major themes such as aerospace and biotech, pushing the index past the 900-point mark to close 2.00% higher.
NASDAQ
The index underwent a -2.27% correction as concerns over delayed interest rate cuts combined with profit-taking on mega-cap tech stocks.
Today's Watchlist
- Whether the KRW/USD exchange rate rising into the mid-1,540s will affect foreign capital flows in the domestic market over the medium to long term.
- The potential for tech corrections in the US Nasdaq to spill over into sentiment for domestic semiconductor and equipment/materials sectors.
- The need to verify actual earnings connections for private space companies as aerospace policies become more concrete.
Risk Note
If the high exchange rate trend (surpassing 1,540 KRW) persists, raw material import costs could rise and foreign capital outflow pressure could intensify, requiring extreme caution regarding currency movements.
Last updated: 2026-06-24 16:00:19