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The KOSPI Index is expected to open with upward momentum on April 8, rebounding from its steep 137.22-point loss (–5.57%) on April 7. The index closed at 2,328.20, marking a new 52-week low and its worst single-day performance in over a year.
Investor sentiment, however, appears to be stabilizing, thanks to a steady performance in the Nasdaq Composite, which posted modest gains and helped ease global risk-off sentiment.
Final April 7 Market Snapshot
- Close: 2,328.20
- Change: –137.22 (–5.57%)
- Open: 2,359.25
- High: 2,369.40
- Low: 2,327.01 (52-week low)
- Previous Close: 2,465.42
- 52-week high: 2,896.43
With no major chart data visible post-close, traders are relying heavily on external signals like U.S. tech strength and macro trends for direction.
Global Cues Improve: Nasdaq Lends Support
- Nasdaq Close: 15,603.26 (+0.099%)
- Key Sectors Steady: Semiconductors, cloud, and AI-related firms
Nasdaq’s stable close, even in the face of Asia’s collapse, is helping to reset sentiment, especially for KOSPI’s tech-heavy components. Samsung Electronics and SK Hynix, major KOSPI drivers, could benefit from Wall Street’s tech resilience.
April 8 KOSPI Pre-Market Outlook: Signs of Recovery
✅ Supportive Factors:
- Oversold technicals: RSI suggests bounce likelihood.
- Institutional attention: Bargain-hunting likely around blue-chip names.
- Positive U.S. cues: Nasdaq offers risk-on tailwind.
⚠️ Risks:
- Global policy uncertainty remains unresolved.
- Any new geopolitical shock may erase early gains.
“The KOSPI is set for a reflexive bounce today. The market is oversold, and Nasdaq’s calm close should bring dip-buyers back into Korean equities,” said Sung-Min Lee, Market Analyst at NH Investment & Securities.
Sector Focus for April 8 Open
- Tech: Samsung, SK Hynix expected to lead the bounce
- Autos: Kia, Hyundai may see limited upside
- Financials: May stabilize after sharp losses
- Retail & Biotech: May lag recovery due to domestic pressure
KOSPI Set for Critical Session as Recovery Hopes Rise
The KOSPI Index, after hitting a 52-week low and posting a massive loss on April 7, enters April 8 with room to rebound. Backed by global stabilization—particularly from the Nasdaq’s tech resilience—the index may see a sharp technical recovery at the open.
Whether gains hold will depend on follow-through volumes and clarity from international markets, but early signs suggest a green start to Tuesday’s trade.
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