On November 27, the KOSPI advanced in early trading, buoyed by overnight strength in the New York stock market, reclaiming the 4,000 mark for the first time in five sessions.
As of 9:28 a.m., the KOSPI stood at 4,009.37, up 48.50 points (1.22%) from the previous session. It marked the first time since November 20 that the index climbed back above 4,000 during the session. The index opened at 3,989.45, up 28.58 points (0.72%), and extended gains thereafter.
In the Seoul foreign exchange market, the won opened at 1,468.5 per dollar, up 2.9 won from the previous day.
In the KOSPI market, foreign investors and institutions net bought 58.2 billion won and 111.1 billion won, respectively, lending upward momentum to the index, while individuals net sold 161.5 billion won. Foreign investors also posted net buying of 66.6 billion won in KOSPI200 futures.
Overnight, all three major U.S. indices closed higher as rotational buying into artificial intelligence (AI)–related stocks strengthened, despite solid U.S. labor data that had raised some uncertainty.
U.S. continuing jobless claims, which measure people filing for unemployment benefits for more than two weeks, rose by 7,000, signaling ongoing concerns about the labor market. Nevertheless, expectations of a December rate cut by the Federal Reserve continued to support investor sentiment.
Shares of Nvidia (1.37%) and Microsoft (1.78%) rebounded, lifting the broader indices, amid easing concerns that Google’s recent rise in AI infrastructure could erode Nvidia’s dominance. Meanwhile, Alphabet, whose stock had surged recently on enthusiasm for its GPU-independent AI service Gemini 3.0, slipped 1.04%.
The Korean market also tracked the overnight rally in the United States as upward pressure continued. Han Ji-young, an analyst at Kiwoom Securities(039490), said, “The data released overnight, including U.S. initial jobless claims beating consensus, were not enough to meaningfully unwind expectations of a December rate cut. The KOSPI is expected to open higher, taking in the positive tone from the U.S. market.”
However, some caution was evident as investors awaited the Bank of Korea’s Monetary Policy Board meeting scheduled for this morning. Markets widely expect the base rate to remain unchanged in November.
Nvidia’s strength helped SK Hynix(000660) rebound 3.63% to the mid–540,000 won range, while Samsung Electronics(005930) climbed 1.95% to above 104,000 won.
Samsung Biologics(207940), Celltrion(068270), Doosan Enerbility(034020), Hanwha Aerospace(012450), and KB Financial Group(105560) were also trading higher.
In contrast, Naver(035420), which announced its decision to acquire Dunamu the previous day, fell 0.85%.
Among secondary battery names, LG Energy Solution(373220) fell 0.69%, LG Chem(051910) dropped 2.14%, POSCO Holdings(005490) slipped 0.63%, while Hyundai Motor(005380) was down 0.38%.
By sector, electronics (1.89%), manufacturing (1.39%), and financials (1.21%) gained, while non-metallic minerals (-0.34%), real estate (-0.46%), and paper & lumber (-0.54%) declined.
At the same time, the KOSDAQ index rose 5.05 points (0.58%) to 882.37. The index opened 2.12 points (0.24%) higher at 879.44 and extended its gains.
In the KOSDAQ market, individuals net bought 68.5 billion won, while foreign investors and institutions net sold 17.6 billion won and 19.9 billion won, respectively.
Alteogen(196170), Rainbow Robotics(277810), Kolon TissueGene(187420), PharmaResearch(214450), and Robotis(108490) were trading higher.
EcoPro BM(247540), EcoPro(086520), ABL Bio(298380), Peptron(087010), and LigaChem Biosciences(141080) declined.
On November 27, the KOSPI advanced in early trading, buoyed by overnight strength in the New York stock market, reclaiming the 4,000 mark for the first time in five sessions.
As of 9:28 a.m., the KOSPI stood at 4,009.37, up 48.50 points (1.22%) from the previous session. It marked the first time since November 20 that the index climbed back above 4,000 during the session. The index opened at 3,989.45, up 28.58 points (0.72%), and extended gains thereafter.
In the Seoul foreign exchange market, the won opened at 1,468.5 per dollar, up 2.9 won from the previous day.
In the KOSPI market, foreign investors and institutions net bought 58.2 billion won and 111.1 billion won, respectively, lending upward momentum to the index, while individuals net sold 161.5 billion won. Foreign investors also posted net buying of 66.6 billion won in KOSPI200 futures.
Overnight, all three major U.S. indices closed higher as rotational buying into artificial intelligence (AI)–related stocks strengthened, despite solid U.S. labor data that had raised some uncertainty.
U.S. continuing jobless claims, which measure people filing for unemployment benefits for more than two weeks, rose by 7,000, signaling ongoing concerns about the labor market. Nevertheless, expectations of a December rate cut by the Federal Reserve continued to support investor sentiment.
Shares of Nvidia (1.37%) and Microsoft (1.78%) rebounded, lifting the broader indices, amid easing concerns that Google’s recent rise in AI infrastructure could erode Nvidia’s dominance. Meanwhile, Alphabet, whose stock had surged recently on enthusiasm for its GPU-independent AI service Gemini 3.0, slipped 1.04%.
The Korean market also tracked the overnight rally in the United States as upward pressure continued. Han Ji-young, an analyst at Kiwoom Securities(039490), said, “The data released overnight, including U.S. initial jobless claims beating consensus, were not enough to meaningfully unwind expectations of a December rate cut. The KOSPI is expected to open higher, taking in the positive tone from the U.S. market.”
However, some caution was evident as investors awaited the Bank of Korea’s Monetary Policy Board meeting scheduled for this morning. Markets widely expect the base rate to remain unchanged in November.
Nvidia’s strength helped SK Hynix(000660) rebound 3.63% to the mid–540,000 won range, while Samsung Electronics(005930) climbed 1.95% to above 104,000 won.
Samsung Biologics(207940), Celltrion(068270), Doosan Enerbility(034020), Hanwha Aerospace(012450), and KB Financial Group(105560) were also trading higher.
In contrast, Naver(035420), which announced its decision to acquire Dunamu the previous day, fell 0.85%.
Among secondary battery names, LG Energy Solution(373220) fell 0.69%, LG Chem(051910) dropped 2.14%, POSCO Holdings(005490) slipped 0.63%, while Hyundai Motor(005380) was down 0.38%.
By sector, electronics (1.89%), manufacturing (1.39%), and financials (1.21%) gained, while non-metallic minerals (-0.34%), real estate (-0.46%), and paper & lumber (-0.54%) declined.
At the same time, the KOSDAQ index rose 5.05 points (0.58%) to 882.37. The index opened 2.12 points (0.24%) higher at 879.44 and extended its gains.
In the KOSDAQ market, individuals net bought 68.5 billion won, while foreign investors and institutions net sold 17.6 billion won and 19.9 billion won, respectively.
Alteogen(196170), Rainbow Robotics(277810), Kolon TissueGene(187420), PharmaResearch(214450), and Robotis(108490) were trading higher.
EcoPro BM(247540), EcoPro(086520), ABL Bio(298380), Peptron(087010), and LigaChem Biosciences(141080) declined.