The KOSPI and KOSDAQ indices started with a simultaneous increase. This is interpreted as a response to President Donald Trump's decision to suspend tariffs of 25% on the United States and Canada for one month.
As of 9:10 a.m. on the 4th, the KOSPI index rose by 27.66 points (1.13%) to 2,481.61 compared to the previous day.
On this day, institutions led the index rise in the securities market by net purchasing 35.3 billion won, while individuals net purchased 12.4 billion won. However, foreigners are net selling 43 billion won.
Most of the top market capitalization stocks are rising. Samsung Electronics (2.16%), SK hynix (0.16%), LG Energy Solution (0.59%), and Hyundai Motor Company (1.49%) are showing favorable trends. However, Samsung Biologics (-0.82%) and HD Hyundai Heavy Industries (-0.80%) are declining.
At the same time, the KOSDAQ index rose by 12.62 points (1.79%) compared to the previous day, reaching 716.42.
In the KOSDAQ market, foreigners are purchasing 57.7 billion won and institutions are buying 5.7 billion won, while individuals are selling items worth 58.5 billion won.
Stocks in the KOSDAQ market surged significantly compared to the securities market. Examples include Alteogen (4.82%), ECOPRO BM (3.87%), HLB (1.63%), Ecopro (2.15%), and Rainbow Robotics (6.95%).
By sector, game entertainment (3.77%), biotechnology (3.14%), and defense (2.94%) are all rising, while tobacco (-1.68%), furniture (-0.65%), and diversified consumer services (-0.57%) are declining.
On this day, the won-dollar exchange rate in the Seoul foreign exchange market opened at 1,459.0 won, down 8.2 won from the previous transaction.
Overnight, the New York Stock Exchange initially fell sharply due to the impact of President Trump's 'bomb tariffs,' but the decline was reduced following news that the tariff of 25% on Mexico had been suspended for one month.
On the 3rd (local time), the Dow Jones Industrial Average closed at 44,421.91, down 122.75 points (0.28%) from the previous session on the New York Stock Exchange (NYSE).
The S&P 500 index fell by 45.96 points (0.76%) to close at 5,994.57, while the Nasdaq Composite Index dropped 235.49 points (1.20%) to end at 19,391.96.
The Nasdaq index opened down 2.10%, and the S&P 500 index decreased 1.17% during the same period, but recovered its losses before the close.
On this day, President Trump also decided to postpone the imposition of tariffs for 30 days in a phone conversation with Canadian Prime Minister Justin Trudeau.