U.S. President Donald Trump sent a trade letter imposing a 25% reciprocal tariff on Korea, but on the 8th, the domestic market showed a solid performance. The KOSPI index is maintaining a slight upward trend, and although the KOSDAQ index, which was rising during the morning session, has reversed to a decline, it is showing a slight downward trend.

On the morning of the 8th, the KOSPI opens at 3073.23, an increase of 13.76 points (0.45%) compared to the previous day's closing price, and the KOSDAQ opens at 779.80, up 1.34 points (0.17%) compared to the previous day, at the Hana Bank dealing room in Jung-gu, Seoul, where the opening market report comes out as US President Donald Trump announces a reciprocal tariff of 25% on all Korean products starting from August 1. The dollar-won exchange rate in the Seoul foreign exchange market starts at 1373.1 won, an increase of 5.3 won from the previous day. /Courtesy of News1

As of 10:56 a.m. on this day, the KOSPI index is recording 3081.54, up 22.07 points (0.72%) from the previous trading day. The KOSPI index opened at 3071.74, up 12.27 points (0.40%) from the previous session.

After recovering the 3100 mark for a while in the morning, it is currently showing a slight upward trend around the 3080 level.

Institutions are leading the market. While institutions are net buying 145.1 billion won, individuals and foreigners are selling 91.4 billion won and 17.7 billion won, respectively.

Large-cap stocks are showing mixed trends. SK hynix, KB Financial, Doosan Enerbility, and NAVER are rising.

Samsung Electronics, which announced a 55% decrease in second-quarter operating profit compared to the same period last year, is defending around 60,000 won. The influence of the stock buyback plan is analyzed to be significant. In addition, LG Energy Solution, Samsung Biologics, Hyundai Motor, and Kia are all on the decline.

The KOSDAQ index is trading at 777.26, down 1.20 points (0.15%) from the previous trading day.

The KOSDAQ market is being defended by individuals. Individuals are purchasing a net 63.1 billion won, while foreigners and institutions are net selling 58.4 billion won and 7.4 billion won, respectively.

The large-cap stocks in the KOSDAQ market are also showing mixed trends. Alteogen, RAINBOW, Ecopro, Rainbow Robotics, Peptron, LigaChem Biosciences, and HUGEL are declining, while ECOPRO BM and PharmaResearch are on the rise.

Earlier, U.S. President Donald Trump sent a letter to President Lee Jae-myung on July 7 (local time), stating that a 25% reciprocal tariff would be imposed on all products exported from Korea to the U.S. beginning August 1. The initial effective date for the reciprocal tariff was announced as the 9th, but it has been postponed to the 1st of next month.

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