On the 30th, the domestic stock market is showing mixed signals. Predictions have emerged that tariff negotiations between South Korea and the United States will proceed positively; however, with U.S.-China negotiations still facing difficulties, investors appear to be taking a wait-and-see approach.
As of 9:10 a.m. on this day, the KOSPI index has recorded a drop of 1.24 points (0.05%) from the previous trading day, standing at 2562.77. The KOSPI index opened at 2563.86, down 1.39 points (0.06%) from the previous close.
Blue-chip stocks are also showing mixed signals. Samsung Electronics, the leading semiconductor stock, is down 0.36%, while SK hynix has dropped 0.66%. Samsung Electronics' preferred stock is up 0.56%. LG Energy Solution, Samsung Biologics, Hyundai Motor, and Celltrion are seeing declines in their stock prices. Hanwha Aerospace and Kia are trending upwards.
At the same time, the KOSDAQ index is trading at 726.91, down 0.81 points (0.11%). The KOSDAQ index opened at 726.48, up 0.02 points (0.01%) from the previous trading day.
Looking at the top 10 stocks by market capitalization, Alteogen, ECOPRO BM, Ecopro, Rainbow Robotics, HUGEL, PharmaResearch, Peptron, and LigaChem Biosciences are all experiencing declines. Only HLB is showing an upward trend, and CLASSYS is trading at the same price as the previous trading day.
On the 29th (local time), the U.S. stock market in New York showed a strong performance. This is due to expectations that the U.S. will smoothly conduct negotiations with major trading partners, excluding China. All three major indices saw slight increases, with the Dow and the Standard & Poor's (S&P) 500 index continuing their upward trend for six consecutive trading days.
The Dow Jones Industrial Average, centered on blue-chip stocks, closed at 40,527.62, up 300.03 points (0.75%) from the previous close. The large-cap-focused Standard & Poor's (S&P) 500 index increased by 32.08 points (0.58%), closing at 5,560.83, while the Nasdaq Composite index closed at 17,461.32, up 95.18 points (0.55%).
Scott Bessent, U.S. Secretary of the Treasury, noted on this day, "We will establish 18 significant trade relations in the coming weeks, with 17 of them already moving forward, excluding China." He specifically mentioned South Korea and Japan as active participants in the negotiations.
With news of countries completing trade negotiations, expectations have grown that the instability caused by the tariff war will be alleviated. Howard Lutnick, U.S. Secretary of Commerce, mentioned in an interview with CNBC that "there are countries that have completed trade negotiations, and only the counterpart's approval remains." Wall Street largely believes that these countries are South Korea or India.
On this day, the won-dollar exchange rate started at 1,431.3 won, down 2.7 won from the previous trading day. (The value of the won has increased.)