India, Oct. 7 -- Korea Stock Market (KRX) Today (October 07): South Korea's stock market started October 7 under pressure even as Wall Street extended its record run, showing that strong global technology sentiment was not enough to lift Seoul shares at the opening bell. Investors returned to caution as they assessed semiconductor valuations, upcoming Samsung Electronics earnings and the impact of elevated global borrowing costs.

The KOSPI opened 1.11% lower at 6,864.25, but quickly reduced its losses. By 9:15 a.m. local time, it had recovered to 6,922.59, down 18.8 points or 0.27%, according to Yonhap. The KOSDAQ also opened lower, while investors closely watched Samsung Electronics and SK Hynix for clues about the next direction of the...