# KOSPI nears 5,000 level as US election shock triggers foreign selling

> KOSPI drops 6.02% after US 'Blue Wave' election shock.
- Title: KOSPI nears 5,000 level as US election shock triggers foreign…
- Summary: KOSPI drops 6.02% after US 'Blue Wave' election shock. KOSPI closed at 5,059.69 after 6.02% drop due to US election shock triggering 10.4 trillion won in…
- Keywords: kospi, us blue wave, foreign selling, samsung electronics, sk hynix, korea exchange, coreweave, anthropic, us inflation, fed, markets, BigGo Finance
- Source: BigGo Finance — https://finance.biggo.com/news/4f0c69df-e7a0-46fc-8f95-9534a0a085d6
- Author: BigGo Finance
- Published: 2026-11-08T18:05:25+00:00
- Read time: 1 min
- Topics: kospi, us blue wave, foreign selling, samsung electronics, sk hynix, korea exchange, coreweave, anthropic, us inflation, fed, finance, markets
## KOSPI plunges 6.02%
KOSPI closed at 5,059.69 on the 6th, down 6.02% from the previous session.
## Foreign investors net sold 10.4 trillion won
Foreign investors net sold about 10.4 trillion won (approximately $7.6 billion) of KOSPI shares last week.
## Samsung Electronics foreign ownership drops
Samsung Electronics foreign ownership fell to 45.95% as of the 6th, the lowest level since July 2009.
## SK Hynix foreign ownership drops
SK Hynix foreign ownership fell to 48.27%, its lowest level since November 2021.
## Brokerages set KOSPI range
NH Investment & Securities set a KOSPI range of 5,000-6,000 for this week.
## CoreWeave earnings and US inflation data
CoreWeave's earnings, US inflation data, and Anthropic's IPO are key variables this week.
## Anthropic IPO expected to be largest
Anthropic's IPO is expected to be around $100 billion, surpassing SpaceX in value.
## Key takeaway

KOSPI closed at 5,059.69 after 6.02% drop due to US election shock triggering 10.4 trillion won in foreign selling.