On the 18th, the last trading day of last week (local time), the New York stock market was closed, while domestic securities successfully transitioned from a decline at the start on the 21st to an increase. The U.S.-Korea tariff negotiations begin this week, and with major domestic and international corporations' earnings reports being released, it is necessary to monitor future trends in the securities market.
As of 9:14 a.m. on that day, the KOSPI index recorded an increase of 4.97 points (0.2%) to 2488.38 compared to the previous trading day. The KOSPI index opened at 2485.51, which was 2.09 points higher than the previous session, but switched to a downward trend, then turned back to an upward trend in the early trading.
The top market capitalization stocks in the KOSPI are showing mixed trends. Samsung Electronics rose by 0.36%, and SK hynix is up by 0.51%. Samsung Electronics' preferred stock, Samsung Electronics Preferred, is up by 0.11%. Additionally, Samsung Biologics, Hyundai Motor, Hanwha Aerospace, and Kia are showing upward trends. On the other hand, LG Energy Solution, Celltrion, and KB Financial are on a downward trend.
At the same time, the KOSDAQ index is trading at 718.42, an increase of 0.65 points (0.09%). The KOSDAQ index opened at 717.22, which is a decrease of 0.55 points compared to the previous trading day.
Looking at the top 10 market capitalization stocks, Alteogen, Ecopro BM, HLB, Ecopro, HUGEL, Peptron, CLASSYS, LigaChem Biosciences, and PharmaResearch are declining. Only Rainbow Robotics is starting with an increase.
This week, the domestic securities market is expected to experience fluctuations. Major domestic corporations such as SK hynix and Hyundai Motor, along with international powerhouses like Tesla and Alphabet, are set to report their earnings. In the securities industry, risks related to U.S. President Donald Trump's tariff policies are believed to have peaked. However, the risks have not been completely resolved, and since they are still within the influence of tariffs, changes in U.S. policy will need to be monitored.
The U.S.-Korea trade negotiations will be held on the 24th and 25th. It appears that both trade and non-trade issues will be discussed in this negotiation. However, due to recent concerns regarding tariffs from the Trump administration, analyses suggest that downward pressure on global stock markets will likely be limited.
On the 18th (local time), the U.S. New York stock market was closed for 'Easter' observance. However, the White House conveyed its position that it continues to review the issue of Federal Reserve Chairman Jerome Powell's dismissal.
Chicago Federal Reserve President Austan Goolsbee said in an interview with CBS, 'I strongly hope that we do not move into an environment where the independence of our currency policy is questioned.'
On that day, the won-dollar exchange rate recorded a decrease of 5 won from the previous trading day, standing at 1418.8 won, indicating a slight strengthening of the won.