KOSPI Opens at 3,963.72, Down 62.73 Points (1.56%)

KOSPI opened at 3,963.72, down 62.73 points (1.56%).

11.07 09:01

Hana: "Increase Telecom Equipment Stocks in November... Major Cycle Possible Next Year"

On November 7, Hana Securities recommended expanding investments in telecommunication equipment-related stocks, including optical communication and base stations, within November, citing the possibility of a major equipment cycle in 2026 as the United States announced plans for new frequency allocations. For the telecommunications services sector, the firm suggested postponing aggressive buying until the end of the year or the beginning of next year. Kim Hongsik, a researcher at Hana Securities, stated in the report "Be Sure to Increase Telecom Equipment Stocks in November" that, "With a total of 800MHz scheduled for allocation by 2028, the frequency bands that can be commercialized immediately are expected to be auctioned first in the United States, the world’s largest market. This raises expectations for the entry into a major cycle for the telecommunication equipment sector." Kim pointed out that the roughly 20% rise in the share prices of Ericsson and Nokia over the past month is a

Market Overview

11.07 08:32

[Good Morning Market] US "AI Bubble" Concerns Resurface... KOSPI Expected to Open Lower

On November 7, the KOSPI is expected to open lower, influenced by concerns over an artificial intelligence (AI) bubble that emerged in the New York stock market. On the previous day, the Dow Jones Industrial Average closed at 46,912.30, down 398.70 points (-0.84%) from the previous session. The S&P 500 Index ended at 6,720.32, down 75.97 points (-1.12%), while the tech-heavy Nasdaq Composite Index finished at 23,053.99, down 445.80 points (-1.90%). The New York stock market declined as concerns over AI valuation burdens persisted, the October Challenger report showed a sharp increase in layoffs in the United States, and issues arose regarding government guarantees related to OpenAI. These factors dampened investor sentiment. Major AI-related stocks such as Nvidia (-3.65%), Palantir (-6.84%), and AMD (-7.27%) all plummeted. According to the Challenger report released the previous day, the number of layoffs in the United States in October reached 153,000, a 183% surge compared to the pre

Market Overview

11.07 08:26

Roller-Coaster KOSPI Defends 4,000 Mark After Volatility... KOSDAQ Declines

On November 6, the domestic stock market closed mixed. The KOSPI, which had started the session with a rise of over 2%, turned downward during the day and at one point fell below the 4,000 mark. However, buying from individual and institutional investors helped the index recover and maintain the 4,000 level for a second consecutive day. The KOSPI finished trading at 4,026.45, up 22.03 points (0.55%) from the previous day. Earlier, the index had opened at 4,092.46, up 88.04 points (2.20%) from the previous session, but gains were pared as foreign investors increased their selling. Foreign investors alone sold 1.6999 trillion won worth of shares, while individuals and institutions made net purchases of 884.7 billion won and 830.2 billion won, respectively, supporting the index. In the KOSPI200 futures market, institutions were net sellers of 762.2 billion won, while individuals and foreign investors bought 159.9 billion won and 730.4 billion won, respectively. Among large-cap stocks on t

Market Overview

11.06 15:47

KOSDAQ Closes at 898.17, Down 3.72 Points (0.41%)

KOSDAQ closed at 898.17, down 3.72 points (0.41%).

Market Overview

11.06 15:33

KOSPI Closes Up 22.03 Points at 4,026.45 (0.55%↑)

KOSPI closes at 4,026.45, up 22.03 points (0.55%↑)

Market Overview

11.06 15:33

KOSPI Rebounds in a Day as Bargain Hunting Boosts Semiconductor Stocks

On November 6, the domestic stock market rebounded in just one day, shaking off concerns over an artificial intelligence (AI) bubble. As of 9:20 a.m. on this day, the KOSPI was trading at 4,056.91, up 52.49 points (1.31%) from the previous session. Earlier, the index opened at 4,092.46, a jump of 88.04 points (2.20%) from the previous close. While foreign investors recorded a net sell of 480.9 billion won, individual investors and institutions made net purchases of 388.5 billion won and 80.7 billion won, respectively. In the KOSPI 200 futures market, institutions bought 131.2 billion won, while individuals and foreign investors sold 13.6 billion won and 89.2 billion won, respectively. Most of the top KOSPI stocks by market capitalization were on the rise. LG Energy Solution (up 3.77%), SK Hynix (up 3.45%), KB Financial Group (up 3.29%), HD Hyundai Heavy Industries (up 2.27%), Hanwha Aerospace (up 1.89%), Kia (up 0.72%), Samsung Electronics (up 0.70%), and Hyundai Motor (up 0.09%) all s

Market Overview

11.06 09:38