Daily Briefing (English)

2026-09-21 · KOSPI & Nasdaq
Headline

KOSPI Reclaims 7,000 Mark on Global Tech Tailwinds and Semiconductor-Led Rebound

Key Takeaways
  • Major domestic and overseas indices advanced in tandem, buoyed by gains in Wall Street tech shares and a rebound in the Philadelphia Semiconductor Index.
  • The KOSPI rose 1.65% to close at 7,007.72, reclaiming the 7,000 level on net buying by foreign and institutional investors.
  • The KRW/USD exchange rate eased 0.71% to 1,378.20 KRW, reflecting a gradual recovery in risk appetite.
Highlights

KOSPI

Foreign and institutional net inflows concentrated in Samsung Electronics and large-cap chipmakers helped the index breach the 7,000 mark, though supply-demand friction could emerge alongside holiday-related wait-and-see sentiment.

Highlights

KOSDAQ

The index rose 1.11% to close at 836.27 amid improved investor sentiment across technology stocks, but divergence in liquidity among individual growth plays and profit-taking pressures remain present relative to large caps.

Highlights

NASDAQ

The index finished up 0.72% at 26,522.55 as selling pressure across semiconductor and hardware supply chains eased, lending positive momentum across global risk assets.

Today's Watchlist
  • Sustainability of the KOSPI's foothold above 7,000 and continuity of foreign net buying
  • Valuation pressure on global growth stocks as the US 10-year Treasury yield hovers around the 5% level
  • Supply-demand vacuums ahead of the Chuseok holiday and price volatility in global crude oil around $100 WTI
Risk Note

With international crude oil prices hovering around $100 per barrel and the US 10-year Treasury yield remaining elevated, short-term volatility could widen if macroeconomic tightening concerns resurface.

Last updated: 2026-09-21 16:00:17