Korea Opened Higher. Its Two Chip Giants Fell.
Seoul reopened higher after a three-day break, then Samsung and SK hynix fell. KOSPI lost 0.89%; KOSDAQ rose 2.98%, its first close above 900 since July.
Seoul reopened higher after a three-day break, then Samsung and SK hynix fell. KOSPI lost 0.89%; KOSDAQ rose 2.98%, its first close above 900 since July.
The KOSPI rose 11.49% last week but 88% of that came in three sessions, while the KOSDAQ built 84.5% of its gain on Monday alone. A US account holding EWY received +8.22%.
Weekly scoreboard for August 3–7, 2026. The KOSPI fell 5.10% to 6,258.77, a seventh straight weekly loss and the longest streak since December 2022.