KOSPI, KRD020020008

KOSPI closes at 5,018.85 after giving up intraday rebound

Published on 11/09/2026 at 22:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The KOSPI closed lower on Monday after surrendering an intraday rebound above 5,100. Persistent foreign selling outweighed bargain hunting in semiconductor shares and kept the benchmark near the 5,000 level.

KOSPI closes below 5,020

The KOSPI closed at 5,018.85 on November 9, down 0.81 percent from Friday's close.
An early rebound above 5,100 faded as foreign and retail investors resumed net selling.
Samsung Electronics and SK hynix edged higher, but weakness in batteries, autos and other large caps weighed on the index.
US inflation data and major technology earnings are key upcoming tests for market direction.

KOSPI, KRD020020008, Illustration mit AI erstellt.

The KOSPI ended Monday's session at 5,018.85, down 40.84 points or 0.81 percent from Friday's close of 5,059.69. The decline extended the benchmark's losing streak to three sessions after a volatile week in which it fell 11.71 percent. The closing figures were reported by Korea JoongAng Daily, citing the Korea Exchange.

Rebound loses momentum

The index opened at 5,034.20 and initially slipped as low as 4,990.66. Bargain hunting in semiconductor stocks then drove a broad recovery, taking the KOSPI as high as 5,172.94, or more than 2 percent above the previous close. The advance did not hold, however, and the index turned lower in the afternoon.

According to MoneyToday, foreign investors sold a net 692.5 billion won of KOSPI shares and retail investors sold 488.6 billion won. Institutional investors bought a net 720.3 billion won, but their purchases were not enough to absorb the selling pressure that emerged late in the session.

Chips steady, broader market weak

Samsung Electronics rose 0.64 percent to 189,900 won, while SK hynix gained 0.35 percent to 1,136,000 won. Their modest gains contrasted with sharper losses in several other large-cap groups. LG Energy Solution fell 5.78 percent, Hyundai Motor declined 2.86 percent and Hanwha Aerospace lost 3.18 percent, according to Korea JoongAng Daily.

Market sentiment remained tied to uncertainty around artificial intelligence investment and the outlook for data-center spending. The Korea JoongAng Daily report also cited fresh concerns surrounding an internal Nvidia probe, while semiconductor shares recovered some ground after last week's sell-off. The developments added to an already cautious backdrop following concerns that tighter US AI policy could affect technology investment and Korean chip demand.

Macro data in focus

Investors are now looking toward US inflation data and upcoming technology-company earnings for signals on whether the semiconductor rebound can broaden. The combination of continued foreign selling, recent losses and a sharp intraday reversal suggests that the KOSPI remains sensitive to changes in AI expectations and global risk appetite. That is an assessment of market conditions, not a trading recommendation.

Further KOSPI coverage is available on the KOSPI topic page.