20260903 Domestic Economic Issues

🗂Domestic Economic Issues KOSPI Swings 4%p Intra-day, Ends with a 'Nervous Rebound' of 0.26% (6,579.48) The KOSPI, which plummeted the previous day, started higher on the back of a stabilizing US market, but volatility peaked as institutions turned to net selling during trading hours. As selling pressure eased towards the end, it closed with a nervous rebound, up 0.26% from the previous session at the 6,579 level. 🗂KOSDAQ Index Falls an Additional 1.71% Amid Foreign and Institutional Net Selling (790.21) Unlike the KOSPI, the KOSDAQ market saw simultaneous sell-offs by foreign and institutional investors, particularly in sensitive pharmaceutical, biotech, and secondary battery growth stocks, due to the shock of high interest rates and oil prices. It fell 1.71% to the 790 level. 🗂Won/Dollar Exchange Rate Settles Down in the 1,359 Won Range with Inflow of Export Firms' Negotiation Funds In the Seoul foreign exchange market, the won/dollar exchange rate fell compared to the previous day due to the inflow of dollar selling (negotiation) funds from export firms, carried over from month-end, and concerns about fine-tuning by foreign exchange authorities. It finished the weekly trading at 1,359.3 won.