KOSPI Down 3.48%, KOSDAQ Down 3.83%: Where to Watch at Monday's Open?

KOSPI -3.48%, KOSDAQ -3.83%.

To read the KOSPI outlook, start with Friday's confirmed close.

Today is Monday, November 2, and the data was collected at 08:20.

Retail investor:

"It dropped that hard on Friday, so what's the problem today..."

Let's go through the overnight overseas headlines one by one.

How Far Did KOSPI Fall on October 30?

KOSPI: 5,730.74 (-3.48%)

KOSDAQ: 724.38 (-3.83%)

(Confirmed close as of 2026-10-30)

KOSDAQ fell more sharply than KOSPI.

Both indexes dropped more than 3%.

Why Did KOSDAQ Crash? Are There Clues in Overnight News?

Here is what the headlines show so far.

→ 11/02 05:01: A Monday market preview titled "First session after the AI earnings shock"

→ 11/01 21:54: Nvidia sell-off concerns, AI hardware sector in focus

→ 11/01 22:28: Whether Palantir's AI growth differs from the previous quarter

Details beyond the headlines are not confirmed.

Still, the headlines clearly cluster around AI earnings.

Which US Sectors Gained? (Source: Recent Trading Day Sector Moves)

Healthcare: +2.40%

Real Estate: +2.21%

Consumer Staples: +1.54%

IT and Semiconductors: -1.18%

Communication Services: -1.87%

Defensive sectors rose while IT and communication fell.

That setup could draw attention toward Korean semiconductor and IT names.

What to Watch at the Open Today?

A November 1, 22:31 article reports that KOSPI wobbled again after recovering the 6,000 level.

US elections, AI earnings, and employment were cited as key variables for the first week of November.

Two things to check right after the open.

How KOSPI starts around the 5,700 area.

Whether KOSDAQ keeps trailing KOSPI.

Bitcoin and Ethereum were also weak.

Ethereum fell 16% in October, and a headline reports $1.61 billion left spot ETFs.

So, Up or Down?

Pressing down

• Index, KOSDAQ -3.83%, risk of deeper losses
• US IT and semiconductors, -1.18%, AI pressure persists
• Ethereum, -16% in October, risk assets weak

Holding up

• US healthcare, +2.40%, defensive sector strength
• US consumer staples, +1.54%, flows into safety
• Energy, +0.38%, a partial sector gain

The direction should be confirmed through post-open flows and AI-related news.

You can see more stock moves in Theme Leaders and Related Stocks.

Please treat this as reference only.

PickStock 💡

※ This article is for informational purposes only and is not investment advice.
※ Investment decisions and responsibility rest with the investor.
※ Figures are as of the time of writing and may change.

This article is for informational purposes only and is not investment advice.