Daily Briefing (English)

2026-08-05 · KOSPI & Nasdaq
Headline

August 5, 2026 Financial Market Briefing

Key Takeaways
  • Domestic stock markets rebounded strongly, with both KOSPI and KOSDAQ recovering a portion of the previous session's losses.
  • The US NASDAQ market rose by over 2.5%, driven by inflows into tech stocks, lifting sentiment across global markets.
  • The KRW/USD exchange rate fell slightly to 1,424.60, indicating a minor easing of strong dollar pressures.
Highlights

KOSPI

The KOSPI closed slightly higher at 6,598.26, showing potential for bargain-hunting inflows, though caution remains ahead of upcoming economic indicator releases.

Highlights

KOSDAQ

The KOSDAQ rose 2.42% to close at 799.59, staging a technical rebound driven by pharmaceutical, bio, and IT hardware stocks perceived as oversold.

Highlights

NASDAQ

The NASDAQ index surged to 26,584.99 points, supported by rate-cut expectations and solid earnings outlooks from major Big Tech firms.

Today's Watchlist
  • Whether the KRW/USD exchange rate stabilizes in the 1,420 won range and foreign capital movement trends.
  • Whether domestic semiconductor and large IT tech stocks will continue to correlate with the NASDAQ's surge.
  • Potential for active stock selection as individual tickers show mixed performance in the global aerospace industry.
Risk Note

Due to persistent uncertainties regarding exchange rate volatility and the path of US interest rates, a cautious approach focusing on split-purchases rather than chasing rallies is advised.

Last updated: 2026-08-05 16:00:12