The KOSPI index started up at the 2,570 level on the 6th. This seems to be influenced by news that U.S. President Donald Trump is considering suspending or abolishing tariffs on certain items, including automobiles, imposed on Canada and Mexico. The KOSDAQ index is showing a slight decline.
As of 9:09 a.m. on that day, the KOSPI index recorded a rise of 14.24 points (0.56%) to 2,572.37 compared to the previous day. The KOSPI index started at 2,573.55, up 15.42 points (0.6%) from the previous transaction day. While individuals are net buying 32.9 billion won, foreign investors and institutions are net selling 18.3 billion won and 16 billion won, respectively.
Stocks with the highest market capitalization in the securities market are showing an upward trend. While LG Energy Solution, Hyundai Motor, and Kia are performing well, Samsung Biologics and Celltrion are experiencing slight declines.
At the same time, the KOSDAQ index is showing a decrease of 0.82 points (0.11%) compared to the previous day, standing at 746.13. The KOSDAQ index started trading at 750.43, up 3.48 points (0.47%) from the previous transaction day, but has slightly declined.
The stocks with the highest market capitalization in the KOSDAQ market are showing a mixed trend. Alteogen is down in the 4% range, and LigaChem Biosciences, Rainbow Robotics, and others are also seeing their stock prices fall. Ecopro, ECOPRO BM, and Sam Chun Dang Pharm are in an upward trend.
This seems to be influenced by diminishing concerns over the tariff war stemming from the U.S. and the rebound in the New York stock market. The New York stock market rebounded after U.S. President Donald Trump displayed a conciliatory attitude toward tariff policy. Earlier, President Trump announced he would impose a 25% tariff on Canada and Mexico, but it was reported that he is considering suspending or abolishing tariffs on some items. The White House stated that it will provide a one-month exemption on tariffs for all cars coming in through the United States-Mexico-Canada Agreement (USMCA) and that mutual tariffs will still take effect on April 2.
As a result, all three major indices in New York closed higher. On the 5th (local time), the Dow Jones Industrial Average closed up 485.60 points (1.14%) at 43,006.59 on the New York Stock Exchange (NYSE). The Standard & Poor's 500 index rose 64.48 points (1.12%) to finish at 5,842.63, while the Nasdaq Composite index gained 267.57 points (1.46%) to end at 18,552.73.
Meanwhile, in the Seoul foreign exchange market, the won-dollar exchange rate started at 1,445 won, down 9.5 won from the previous transaction day's closing price of 1,454.5 won.