Business · Markets · 1 hr ago
South Korea’s KOSPI opens down 3.2%, while KOSDAQ falls 2.7%
South Korea’s KOSPI opened down 3.17% on Oct.
19, at 5,488.41.
By 9:02 a.m., it had recovered some ground and was down 2.29%, at 5,538.42.
The KOSDAQ also opened lower, falling 2.73% to 773.06, before narrowing its loss to 1.91%.
Both are South Korean stock indexes, and their opening falls show that share prices started the day sharply lower.
The KOSPI’s early recovery means the initial loss had partly eased by the time of the update.
The figures describe trading early in the session; no cause for the declines or later market outcome was given.
South Korea’s KOSPI opened on October 19 down 3.17% at 5,488.41.
The KOSDAQ opened down 2.73% at 773.06.
Both indexes pared some early losses after the opening.
By 9:14 a.m., the KOSPI was down 1.48% at 5,584.02, according to Maeil Business.
A Maeil Business analyst cited renewed concerns about the AI industry and expected a volatile week.
- Who
- South Korea’s KOSPI and KOSDAQ indexes.
- What
- The KOSPI opened down 3.17%, while the KOSDAQ opened down 2.73%.
- When
- October 19, 2026.
- Where
- South Korea.
- Why
- A Maeil Business analyst cited renewed concerns about the AI industry after U.S. AI stocks fell. The article also noted concerns about debt at AI infrastructure investment companies and a sharp rise in oil prices.
This story does not have two clearly opposing sides.
The three major U.S. stock indexes closed lower amid concerns about debt at AI infrastructure investment companies and rising oil prices.
The KOSPI opened down 3.17% at 5,488.41, and the KOSDAQ opened down 2.73% at 773.06.
Yonhap reported that the KOSPI and KOSDAQ had pared some of their opening losses.
Maeil Business reported the KOSPI down 1.48% at 5,584.02.
- KOSPI opening level
- 5,488.41, down 3.17%
- KOSDAQ opening level
- 773.06, down 2.73%
- KOSPI at 9:14 a.m.
- 5,584.02, down 1.48%
- Foreign and institutional KOSPI buying
- Net purchases of 1,183 billion won and 1,933 billion won, respectively, as reported by Maeil Business
- Individual KOSPI trading
- Net sales of 314 billion won, as reported by Maeil Business
What people are saying
We expect a volatile week amid renewed concerns about the AI industry following the sharp fall in U.S. AI stocks last Friday.