Daily Briefing (English)

2026-08-08 · KOSPI & Nasdaq
Headline

Weekend Global Market Review and Next Week's Outlook (2026-08-08)

Key Takeaways
  • On Friday, August 7th, the domestic stock market closed slightly lower for both KOSPI and KOSDAQ, while the US NASDAQ ended up 1.29% driven by a rebound in tech stocks.
  • As of Saturday, August 8th, 2026, the South Korean stock market is closed for the weekend, and market participants are shifting their focus to major US economic indicators scheduled for release next week.
  • The USD-KRW exchange rate stabilized slightly at 1,411.00 KRW as of the last trading day, but foreign capital volatility remains a concern due to the prolonged high exchange rate environment.
Highlights

KOSPI

The KOSPI closed at 2,658.77 points on the last trading day (August 7th) and is currently closed for the weekend with no active trading.

Highlights

KOSDAQ

The KOSDAQ closed at 798.81 points on the last trading day (August 7th) and is closed for the weekend; focus remains on whether tech-heavy stocks can rebound next week.

Highlights

NASDAQ

The US NASDAQ closed at 26,690.62 points on August 7th (local time), up 1.29%, continuing its technical rebound momentum.

Today's Watchlist
  • The release of the US July Consumer Price Index (CPI) next week and whether it confirms a continued cooling of inflation.
  • Speeches by US Federal Reserve officials for hints regarding the future rate cut path and monetary policy direction.
  • Whether net foreign selling persists after the Korean market reopens, alongside volatility in the USD-KRW exchange rate.
Risk Note

As high exchange rates and uncertainties regarding a US economic soft landing persist, a cautious approach focusing on individual stocks with clear earnings improvement momentum is recommended.

Last updated: 2026-08-08 16:00:11