On the 14th, the KOSPI index started lower at 3175.59, down 0.01% from the previous trading day. This is interpreted as being due to concerns about tariffs from the United States and profit-taking transactions. In early trading, it is showing slight gains around the 3180 level.
The KOSPI index showed 3180.59 at 9:13 a.m. on that day, up 4.82 points (0.15%) from the previous trading day. At the same time, the KOSDAQ index recorded 800.37, down 0.1 points (0.01%).
In the securities market, individuals and foreigners are net purchasing 37 billion won and 11 billion won, respectively. Institutions alone have sold short, amounting to 52 billion won.
Among the top market capitalization stocks in the KOSPI market, Samsung Electronics, Samsung Biologics, and LG Energy Solution are declining. SK hynix, KB Financial Group, Doosan Enerbility, and Shinhan Financial Group are trading at higher prices than the previous trading day.
In the KOSDAQ market, individuals are net purchasing 62 billion won alone. Foreigners and institutions are selling off 55 billion won and 6.5 billion won worth of stocks, respectively.
In the KOSDAQ market, the stocks of Ecopro BM, HLB, PharmaResearch, and LEENO Industrial are strong. Meanwhile, Alteogen, Peptron, CLASSYS, and SILICON2 are trading at lower prices than the previous trading day.
The New York Stock Exchange fell on the 11th (local time) due to news of President Trump’s high tariffs. The large-cap focused Standard & Poor's (S&P) 500 index and the technology-focused Nasdaq index fell 0.33% and 0.22%, respectively. The Dow Jones Industrial Average also declined by 0.63%.
U.S. President Donald Trump’s news of imposing a 35% tariff on Canada acted as a negative factor. He also mentioned that tariffs of 15% to 20% may be imposed on other trading partners. This is a higher level than the basic tariff rate (10%) mentioned in April.
Over the weekend, President Trump additionally stated that he will impose a 30% reciprocal tariff on the European Union and Mexico starting August 1. Currently, Korea is subject to a reciprocal tariff rate of 25%.
Han Ji-young, a researcher at Kiwoom Securities, noted that "the EU and Mexico are likely to prioritize diplomatic solutions like negotiations over retaliation against America’s 30% tariff." She added, "The stock market will face uncertainty over tariffs from the beginning of the week, but the impact will be limited to short-term volatility without damaging the index trend."
On that day, the exchange rate of the won against the U.S. dollar in the Seoul foreign exchange market recorded 1,376.20 won, down 3 won (0.22%) from the previous session.