KR Market Brief

Korea fell 4%. KOSPI closed at 6,562.72 (−273.08, −3.99%), KOSDAQ at 803.98 (−17.27, −2.10%). Foreigners sold a net ₩1.92 trillion and institutions ₩2.04 trillion — about ₩4 trillion combined. Selling concentrated in semiconductors, autos and battery makers. The US rose the same day. The S&P 500 closed at 7,666.68 (+0.46%), the Nasdaq Composite at 26,217.83…

Korea's KOSPI fell as much as 3.55% intraday on the last trading day of August, touching 6,547.76, and then closed at 6,820.02, up 0.46%. Two shocks were stacked against it. At Jackson Hole on August 28, Federal Reserve Chair Kevin Warsh said inflation is running above the 2% target and that prices should be the…