Sixth straight decline driven by AI concerns and pending US inflation data.
Context
What happened: South Korean stocks fell for a sixth straight session on concerns over excessive AI spending, with investors cautious ahead of US inflation data. The Korean won gained against the US dollar.
Key numbers: KOSPI lost 26.54 points, or 0.44 percent, to 6,008.81. Trade volume was 350.8 million shares worth 19.9 trillion won ($14.9 billion). The won was quoted at 1,338.3 per dollar, up 6.8 won.
Why it matters: The index erased early gains after ASML's lower-than-expected 2026 sales outlook, an analyst said, with investors also awaiting US consumer prices data.
Why it matters
The index erased early gains after ASML's lower-than-expected 2026 sales outlook, an analyst said, with investors also awaiting US consumer prices data.