{
  "id": 11065335,
  "title": "Seoul stocks open lower on chip losses",
  "url": "https://urgent.news/2026/10/01/seoul-stocks-open-lower-on-chip-losses-11065335",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T00:32:04.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/null"
  },
  "original_language": "en",
  "account": "Korean markets started lower on Thursday as chip-related stocks continued their decline, following a three-day downturn. The Korea Composite Stock Price Index (KOSPI) fell by 0.38 percent, or 26.3 points, to 6,811.74 by 9:15 a.m. The previous night, U.S. markets closed mixed due to lower-than-anticipated inflation data alongside ongoing influence from higher U.S. Treasury yields and surging oil prices. The Dow Jones Industrial Average slipped 0.86 percent, while the S&P 500 decreased by 0.25 percent. Meanwhile, the tech-focused Nasdaq Composite Index managed a 0.24 percent increase.\n\nAmong major Korean companies, Samsung Electronics experienced a 0.28 percent decline, and chipmaker SK hynix dropped 0.11 percent. SK Square, the parent firm of SK hynix, plummeted 2.81 percent, and Samsung Electro-Mechanics, an electronics subsidiary of Samsung Electronics, saw a 2.05 percent reduction. The South Korean won was trading at 1,358.7 won per U.S. dollar, marking a 3 won decrease from the prior trading day's close.",
  "summary": "Korean stocks opened lower Thursday, dragged down by losses in chip-heavy stocks, following a three-day losing streak. After opening 0.34 percent lower, the benchmark Korea Composite Stock Price Index (KOSPI) fell 26.3 points, or 0.38 percent, to 6,811.74 as of 9:15 a.m. Overnight, Wall Street ended mixed as cooler-than-expected inflation data was offset by persistent pressure from elevated U.S.…",
  "key_points": [
    "KOSPI fell 0.38% to 6,811.74 by 9:15 a.m.",
    "U.S. markets closed mixed due to lower inflation data and higher yields",
    "SK hynix dropped 0.11%, Samsung Electro-Mechanics reduced 2.05%"
  ],
  "editors_take": "The decline in chip-related stocks, including Samsung Electronics and SK hynix, contributes to a downward trend in Seoul's market, mirroring the mixed but largely negative performance of US markets overnight.",
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "(URGENT) Seoul stocks open lower on chip losses",
        "url": "https://urgent.news/2026/10/01/urgent-seoul-stocks-open-lower-on-chip-losses",
        "published": "2026-10-01T00:01:29.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Seoul stocks open lower on chip losses",
        "url": "https://urgent.news/2026/10/01/seoul-stocks-open-lower-on-chip-losses-11069068",
        "published": "2026-10-01T00:52:04.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}