Daily Briefing (English)

2026-10-03 · KOSPI & Nasdaq
Headline

Weekend Market Review: KOSPI Closes Closed for Weekend After Battle Over 7,000 Mark, Eyes on Upcoming Earnings Season

Key Takeaways
  • On the most recent trading day (2026-10-02), the KOSPI closed at 7,003.74 (+0.46%) as it attempted to reclaim the 7,000 level despite foreign net selling; domestic markets are currently closed for the weekend (2026-10-03).
  • U.S. markets saw the Nasdaq advance 1.19% on resilient tech momentum, while global interest rate volatility and major central bank policy stances remain critical watch factors over the weekend.
  • Next week marks the start of the Q3 earnings season, kicked off by Samsung Electronics' preliminary results, with upcoming U.S. employment and inflation data serving as key determinants for index direction.
Highlights

KOSPI

Currently closed for Saturday. As of the latest close on 2026-10-02, the KOSPI finished at 7,003.74 (+0.46%), with cementing its position above 7,000 remaining the primary task next week amid foreign flow tug-of-war across large-cap semiconductor names.

Highlights

KOSDAQ

Currently closed for Saturday. As of the latest close on 2026-10-02, the KOSDAQ slipped marginally to 893.29 (-0.11%), as sector divergence persisted across semiconductor materials/parts/equipment and secondary batteries.

Highlights

NASDAQ

On the latest trading day, the Nasdaq closed up at 27,190.86 (+1.19%). Easing surges in U.S. Treasury yields and buying inflows centered on AI and mega-cap tech drove a pre-weekend rebound.

Today's Watchlist
  • Preliminary Q3 earnings releases and guidance from major IT and semiconductor bellwethers including Samsung Electronics next week
  • Global monetary tightening risks, including remarks by Federal Reserve officials and whether the 10-year U.S. Treasury yield re-enters the 5.3% range
  • Whether the USD/KRW stabilizes in the 1,340 range and foreign investors resume net buying in the domestic equity market
Risk Note

With lingering caution around peak U.S. Treasury yields and earnings uncertainties among major domestic export heavyweights, a conservative, staggered approach focused on sectors with high Q3 earnings visibility is favored over aggressive chase-buying.

Last updated: 2026-10-03 16:00:16