Kospi Fluctuates Around 7,000 as AI Industry Continues to Drive Benefits

The Kospi is expected to fluctuate around the 7,000 level this week, according to brokerages. The benchmark index closed at 6,909.91 on Friday, down 124.01 points or 1.76% from the previous session.

The AI industry's advance and resulting benefits for the Korean market are still firmly in place, despite heightened sensitivity to rates. Analysts said the Kospi's brief recovery of the 7,000 level last week, led by semiconductor shares on the Astra effect, shows this framework remains intact.

OpenAI's unveiling of GPT-6 Astra has highlighted the possibility of reaching AGI capable of performing a wide range of human-level tasks. Expectations that stronger performance and broader usability will lead to greater token consumption have also renewed momentum for AI infrastructure investment.