KOSPI opened 1.82% lower, driven by AI regulation concerns triggered by the Democrats' victory in the US midterm elections.
The Korea Composite Stock Price Index (KOSPI) opened 1.82% lower due to AI regulation concerns triggered by the Democrats' victory in the US midterm elections. The KOSPI opened down 103.71 points, or 1.82%, at 5,580.09 points. US stocks closed higher previously, with the Dow Jones Industrial Average up 3%, the S&P 500 up 1.6%, the Nasdaq Composite up 1.4%, while the Philadelphia Semiconductor Index fell 3.1%.
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