KOSPI
The KOSPI entered a consolidation phase, closing slightly lower in the early 8300 range amid a tug-of-war between foreign and institutional investors.
Headline
July 1, 2026 Financial Market Briefing: KOSPI Inches Down while KOSDAQ and NASDAQ Rebound
Key Takeaways
- The KOSPI index closed slightly down by 2.04 points at 8303.41, showing a sideways consolidation near previous levels.
- The KOSDAQ index rose 1.44 points to close at 929.35, and the NASDAQ index gained 1.52 points to end at 26213.72, driven by continued buying interest in tech stocks.
- The USD/KRW exchange rate edged up by 0.54 won to close at 1556.40 won, maintaining its elevated trend.
KOSDAQ
The KOSDAQ managed a slight gain, supported by sector rotation into small-to-mid-cap tech and pharma/biotech stocks.
NASDAQ
The NASDAQ maintained its upward momentum, fueled by expectations of interest rate cuts and strong earnings prospects for mega-cap AI tech stocks.
Today's Watchlist
- Upcoming remarks on the Federal Reserve's future interest rate path and key inflation indicator releases.
- Whether volatility in foreign capital flows will intensify as the USD/KRW rate breaks past the 1550 won range.
- New order performances in the global aerospace and defense sectors, leading to earnings divergence among individual companies.
Risk Note
A prolonged period of high exchange rates may revive inflationary pressures due to rising import prices, warranting close monitoring of currency trends.
Last updated: 2026-07-01 16:00:15