Amid a decline in major indices in New York, the KOSPI and KOSDAQ indices are weak on the 8th.
As of 9:11 a.m., the KOSPI index fell by 4.10 points (0.16%) to 2488.00 compared to the previous transaction. The KOSPI index opened at 2481.25, down 10.85 points (0.44%) from the previous transaction.
The top stocks by market capitalization show mixed trends. Samsung Electronics rose by 0.18%, while SK Hynix fell by 0.87%. Samsung Electronics preferred stock increased by 0.11%.
In addition, LG Energy Solution, Samsung Biologics, Hyundai Motor, Celltrion, and Kia are seeing their stock prices rise. KB Financial and NAVER are experiencing declines in their stock prices.
At the same time, the KOSDAQ index is trading at 714.48, down 3.81 points (0.53%). The KOSDAQ index opened 4.51 points (0.63%) lower at 713.78 compared to the previous transaction.
Looking at the top 10 stocks by market capitalization, Alteogen, Rainbow Robotics, LigaChem Biosciences, Samchundang Pharmaceutical, HUGEL, and CLASSYS are all experiencing declines in their stock prices. Meanwhile, Ecopro and ECOPRO BM are also seeing drops in their stock prices.
On the 7th (local time), the three major indices in the U.S. stock market fell together. Disappointment in the new technology from artificial intelligence semiconductor leader Nvidia led to a sell-off, primarily in tech stocks, and indicators signaling the strength of the U.S. economy raised expectations that the Central Bank could cut rates less than anticipated, shaking investor sentiment.
On that day, the large-cap focused Standard & Poor's (S&P) 500 index finished down 66.35 points (1.11%) at 5909.03. The blue-chip focused Dow Jones Industrial Average fell 178.2 points (0.42%) to close at 42,528.36. The tech-heavy Nasdaq index dropped 375.3 points (1.89%) to finish at 19,489.68.
The overall market decline that day was driven by Nvidia. Nvidia plummeted more than 6%, causing its market capitalization to fall below $3.5 trillion. Nvidia showcased its Cosmos platform, capable of accelerating robotics technology, and autonomous driving technology at the ongoing 'CES 2025' in Las Vegas.
On that day, the won-dollar exchange rate started at 1455.5 won, up 2.0 won from the previous transaction. (The value of the won has declined)