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KOSPI Edges Up Following Wall Street Rebound; KOSDAQ Slips

Electronic Technology · Semiconductors · yonhap_finance · 2026-09-03

000660, 005380, 005930, 009150, 012450, 034020, 036930, 039030, 055550, 058470, 068270, 086520, 105560, 196170, 240810, 247540, 277810, 329180, 373220, 402340

KOSPI opened higher as U.S. Treasury yields stabilized, but persistent foreign and institutional selling capped gains, while KOSDAQ turned negative.

What Happened

Market Sentiment: The KOSPI index opened with gains, tracking the overnight rebound in U.S. markets as the surge in Treasury yields cooled. However, the index struggled to maintain momentum due to sustained selling pressure from foreign and institutional investors.

Investor Activity: While retail investors and corporate entities continue to buy, foreign and institutional investors have remained net sellers for five consecutive sessions. Corporate buying remains supported by ongoing share buyback programs at major semiconductor firms.

Sector Performance: Semiconductor giants like Samsung Electronics and SK Hynix, along with major financial stocks, are leading the gains. Conversely, automotive and heavy industry stocks are facing downward pressure, reflecting a mixed performance across sectors.

KOSDAQ Movement: The KOSDAQ index, which initially started in positive territory, reversed course to trade lower during the session. Declines in key battery and biotech stocks contributed to the broader weakness in the index.

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