20260901 Domestic Economic Issues

🗂KOSPI Faces 'Weak Start, Strong Finish' Test Amidst External Geopolitical Headwinds The KOSPI, which recovered the 6,820 mark the previous day, encountered external headwinds overnight with a sharp decline in the US stock market and crude oil prices surpassing $90. The possibility of an intraday rebound hinges on individual investors' bargain hunting and foreign capital flows. 🗂Focus on AI Semiconductor Supply as Support Amidst Inflation Fears Driven by Oil Prices While concerns over inflation due to high oil prices are capping the upside for the domestic stock market, attention is focused on whether major AI semiconductor stocks like Samsung Electronics and SK Hynix, boosted by Nvidia's earnings momentum, will act as saviors for the KOSPI. 🗂Won/Dollar Exchange Rate Sees Increased Volatility Between 1,360-1,370 Won Amidst Renewed Dollar Strength Pressure The Won/Dollar exchange rate, which entered the 1,360 won range intraday for the first time in 13 months yesterday, is facing upward pressure due to the resumption of Middle East-driven dollar strength. Export companies' selling of dollars and the foreign exchange authorities' fine-tuning are supporting the upper limit.