KOSPI Rebounds Above 5,300 in Early Trade Despite U.S. Market Decline (Update)

An employee in the dealing room at Hana Bank's head office in Jung-gu, Seoul, is monitoring the stock market and exchange rates on Feb. 3, 2026, after the KOSPI surged more than 4% just one day after a plunge and a buy sidecar (temporary suspension of buy program orders) was triggered. Photo by Jo Yongjun

On the 4th, the KOSPI broke back above the 5,300-point level.

The KOSPI opened at 5,260.71, down 27.37 points (0.52%) from the previous trading day, but then reversed course and reclaimed the 5,300 level.

As of 9:20 a.m., the KOSPI index was trading at 5,310.03, up 0.41% from the previous trading day.

The KOSPI had previously hit an intraday all-time high of 5,321.68 points on January 30.

The KOSDAQ also opened at 1,139.02, down 5.31 points (0.46%) on the day, but is currently trading at 1,156.98, up 1.11%.

Overnight, the three major New York stock indexes all declined as investor sentiment toward the overall artificial intelligence (AI) technology sector weakened.