KOSPI Up 0.62% but Hynix Down 6%+, Why Did KOSDAQ Rise More?

KOSPI +0.62%, KOSDAQ +1.50%.

Many readers want to know why KOSPI rose.

But the intraday mood today is a bit different.

Let's start with the numbers from the confirmed November 4 close.

Retail investors are asking this.

"It rose yesterday, so won't it keep going today?"

This morning's headlines are not that simple.

Today's Numbers First

KOSPI: 5,683.80 (+0.62%)

KOSDAQ: 714.95 (+1.50%)

(Based on the confirmed close on 2026-11-04.)

KOSDAQ climbed more than KOSPI.

The morning market headline also asks whether KOSDAQ can climb further. (Source: 박정식의 국내 주식시황, 11/05 08:12)

Why Were Samsung and SK Hynix Weak Intraday?

As of the 09:24 report, SK Hynix was down more than 6%. (Source: 특징주, 11/05 09:24)

The headline points to a sharp selloff in U.S. chip stocks.

Samsung Electronics was also weak alongside it.

These figures reflect the time of the report, so they may differ from the 14:30 price.

At 11:35, a headline also said Samsung and Hynix had moved into uncertainty after the U.S. "Blue Tsunami." (Source: G테크 줌인)

Is Leadership Rotating in KOSDAQ?

The 08:12 market headline points to a leadership change in the market triggered by the "Blue Tsunami."

Another market note mentioned momentum centered on secondary battery and renewable energy stocks.

Details beyond that were not confirmed, so we stop here.

At 09:02, a report said the market swung by 400 points intraday on midterm election news.

What Do U.S. Sectors and Prediction Markets Say?

IT and semiconductors: +1.31%

Materials: -2.01%

Consumer staples: -2.07%

In the latest U.S. trading day, sectors split like this.

On Polymarket, the bet on a 25bp hike after the December meeting stands at 78% for "Yes."

So, Up or Down?

Pressure side

• Hynix down over 6%, chip weakness hits hard
• U.S. chip selloff, Samsung and Hynix weak together
• December hike bet at 78% "Yes," rate pressure

Holding side

• KOSDAQ +1.50% yesterday, momentum confirmed
• KOSPI +0.62% yesterday, confirmed close higher
• Leadership rotation, a shift toward secondary batteries

As of 14:30 today, the key check is how much the chip decline is reflected in KOSPI.

Just keep this as a reference.

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.