KOSPI Falls Amid Profit-Taking Ahead of Nvidia Earnings

The Korea Composite Stock Price Index (KOSPI) fell by 0.73% to 6,862.18 in the first minute of trading on Monday as investors took profits ahead of Nvidia's earnings release.

Despite major stocks indexes on Wall Street closing higher last week, with the S&P 500 and Nasdaq both up 0.43%, Seoul stocks opened lower due to profit-taking from large-cap chip stocks.

The upcoming earnings release from Nvidia is being closely watched for hints on the future direction of the artificial intelligence (AI) market.