KOSPI
The market is testing support at the lower 6000 level, with the diversification of foreign capital and the easing of selling pressure seen as key factors for a potential rebound.
Headline
July 28, 2026 Financial Market Briefing: Domestic Markets Decline Alongside Minor Nasdaq Correction
Key Takeaways
- The KOSPI closed slightly lower, losing 10.84 points to finish at 6023.66.
- The KOSDAQ also fell 7.72 points to end at 705.85 amid institutional and foreign selling.
- The Nasdaq index edged down 0.17% to 24932.08, while the USD/KRW exchange rate dipped slightly to 1460.30.
KOSDAQ
While successfully maintaining the 700-point threshold, downward pressure persists due to profit-taking across the IT and biotech sectors.
NASDAQ
A cautious stance prevailed ahead of upcoming macroeconomic data releases, coupled with concerns over short-term valuation peaks in tech stocks, leading to a minor decline.
Today's Watchlist
- Whether the USD/KRW exchange rate stabilizes in the 1460s and its subsequent impact on foreign capital flows.
- Upcoming key economic indicator releases that may provide clues on the US Federal Reserve's monetary policy path.
- The potential for continued sector-by-sector divergence driven by earnings announcements from domestic and global aerospace and advanced tech industries.
Risk Note
Heightened exchange rate volatility and external geopolitical risks may limit further gains for domestic stock markets, requiring a cautious approach.
Last updated: 2026-07-28 16:00:13