Business · Markets · 17 hrs ago
South Korea’s Kospi Falls 1% to Just Above 5,000
On Monday morning, South Korea’s Kospi fell 1% from its previous close.
At 9:04 a.m., the index stood at 5,009.08, just above the 5,000 mark.
US AI-related stocks had rebounded over the weekend as investors bought shares they considered cheaper.
The Korean market did not follow that rise, and foreign investors were net sellers, selling 101.8 billion won more than they bought.
The Kospi moved around the 5,000 level as investors looked for a clearer direction.
The available information gives no further details on what may move the market next.
South Korea’s Kospi fell 1% to 5,009.08 in morning trading on Nov. 9.
The index was down 50.61 points from the previous trading day at 9:04 a.m.
It fluctuated around the 5,000-point level as it searched for direction.
Foreign investors were net sellers, offloading 101.8 billion won.
The decline came despite bargain buying in artificial intelligence-related shares on US markets over the weekend.
- Who
- South Korea’s Kospi and investors trading in the market.
- What
- The Kospi fell 1% to 5,009.08.
- When
- Nov. 9, at 9:04 a.m. The year is 2026.
- Where
- South Korea.
- Why
- Not stated.
This story does not have two clearly opposing sides.
Bargain buying entered US artificial intelligence-related shares.
The Kospi was down 50.61 points, or 1%, at 5,009.08.
- Index
- Kospi
- Level
- 5,009.08
- Change
- Down 50.61 points, or 1%
- Time
- Nov. 9, 2026, at 9:04 a.m.
- Foreign investors
- Net sales of 101.8 billion won