Daily Briefing (English)

2026-10-07 · KOSPI & Nasdaq
Headline

Domestic Equities Pull Back While Nasdaq Rebounds Modestly Amid Lingering Uncertainties

Key Takeaways
  • Domestic markets faced corrections as both the KOSPI (-1.98%) and KOSDAQ (-2.34%) retreated under profit-taking and supply pressures.
  • The U.S. Nasdaq composite edged up 0.45%, buoyed by dip-buying interest primarily in AI and tech stocks.
  • The USD/KRW exchange rate closed flat at 1,340.00, reflecting subdued FX volatility.
Highlights

KOSPI

The KOSPI slid 1.98% to 6,803.90, pressured downward by short-term selling in large-cap semiconductor and core manufacturing names.

Highlights

KOSDAQ

The KOSDAQ dropped sharply by 2.34% to close at 898.43, breaking below the 900 mark amid sustained volatility across growth stocks.

Highlights

NASDAQ

The Nasdaq maintained an upward bias at 27,599.89 points (+0.45%), though valuation headwinds from prolonged high interest rates capped further gains.

Today's Watchlist
  • Preliminary Q3 earnings releases and revisions to profit forecasts for key companies including Samsung Electronics
  • Pressure from peak levels in the U.S. 10-year Treasury yield, upcoming Fed policy speeches, and economic indicators
  • Support levels for the USD/KRW rate around 1,340 and the timing of foreign investors' return to net buying in Korean equities
Risk Note

This briefing contains factual market information and estimates for reference purposes only and does not constitute an offer to buy or sell. Investors should remain mindful of asset volatility stemming from prolonged high interest rates and global supply chain risks.

Last updated: 2026-10-07 16:01:27