KOSPI
Large-cap tech stocks led the index down amid co-selling by institutional and foreign investors, leading to a flat trend.
Financial Market Briefing - August 6, 2026
Large-cap tech stocks led the index down amid co-selling by institutional and foreign investors, leading to a flat trend.
The index managed a slight gain driven by retail buying and strong performances in select biotech and entertainment stocks.
Selling pressure on tech stocks intensified due to interest rate uncertainties and valuation concerns at peak levels, leading to a decline.
If the exchange rate continues to rise, foreign selling could intensify, and increased volatility in US tech stocks may negatively impact the domestic stock market.