KOSPI closes 0.89 percent lower as chip stocks lose ground
Published on 10/06/2026 at 21:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
KOSPI closed at 6,941.39 points on October 6, 2026, down 62.35 points, or 0.89 percent, as technology stocks came under pressure from elevated global bond yields. The Korea Times reported that the index reversed an early advance after opening at 7,044.67 points.
Technology stocks lead the decline
Samsung Electronics fell 1.45 percent to KRW 272,000, while SK hynix dropped 3.69 percent to KRW 1.77 million. Aju Press said the KOSPI touched 6,897.4 points during the session before trimming its loss.
Foreign investors sold a net KRW 1.75 trillion of main-board shares. SBS News linked the retreat to rising U.S. Treasury yields and said buying support from Samsung Electronics' share buyback was expected to weaken as the program neared completion.
Events ahead
Investors will receive the Federal Reserve's September meeting minutes on October 7, according to ET News. Samsung Electronics is scheduled to release preliminary third-quarter results on October 8, an event identified by The Korea Times as the next major earnings focus for the market.
