Bearish
KOSPI closes at 7,003.74, down 1.09% amid high U.S. interest rates.
In the week ending October 2, 2026, the KOSPI declined by 1.09% to close at 7,003.74. This downturn was primarily driven by the surge in U.S. 10-year Treasury yields, which reached a 24-year high of 5.3%, overshadowing strong semiconductor export performance. Foreign and institutional investors were net sellers, contributing to the index's decline.
Key points
- U.S. 10-year Treasury yields hit 5.3%, a 24-year high, pressuring KOSPI.
- Semiconductor exports in September rose 262.8% year-on-year to $60.3 billion, a record high.
- Foreign investors sold a net 8.32 trillion won; institutions sold 971.6 billion won.
- Retail investors were net buyers, purchasing 1.9 trillion won.
Sources
AI-generated from public news sources. Not financial advice.
