{
  "id": 12267922,
  "title": "Seoul stocks turn lower after opening higher on profit-taking",
  "url": "https://urgent.news/2026/10/06/seoul-stocks-turn-lower-after-opening-higher-on-profit-taking",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-06T00:57:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/economy/20261006/seoul-stocks-turn-lower-after-opening-higher-on-profit-taking"
  },
  "original_language": "en",
  "account": "Seoul shares experienced a decline following a higher opening on Tuesday, as worries about rising bond yields at multi-decade peaks negatively impacted investor confidence. Initially, the benchmark Korea Composite Stock Price Index (KOSPI) climbed 0.58 percent, but it ultimately fell 8.14 points, or 0.12 percent, to 6,995.60 by 9:15 a.m. Investors are now focusing on forthcoming corporate earnings results, although rising interest rates, soaring energy costs, and renewed inflation concerns are driving up global bond yields. Over the weekend, the Dow Jones Industrial Average gained 0.18 percent, while the tech-focused Nasdaq Composite surged 1.05 percent. In Seoul, large-cap companies had a mixed performance. Samsung Electronics, the market's leading index, saw a rise of 0.36 percent, whereas Hyundai Motor increased by 0.87 percent. Conversely, LG Electronics surged 6.02 percent after securing a long-term supply deal for chillers for artificial intelligence data centers with a North American firm. Among the stocks that declined, SK hynix, Samsung's chipmaking competitor, dropped 1.14 percent, and Korea Aerospace Industries fell 2.1 percent. The Korean won was trading at 1,343.20.",
  "summary": "Seoul shares turned lower on profit-taking after opening higher Tuesday, as concerns over rising bond yields at multidecade highs weighed on investor sentiment. After opening 0.58 percent higher, the benchmark Korea Composite Stock Price Index (KOSPI) fell 8.14 points, or 0.12 percent, to 6,995.60 as of 9:15 a.m. Investors are now turning their attention to upcoming corporate earnings, although…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "Seoul stocks open higher after U.S. tech-led rally",
        "url": "https://urgent.news/2026/10/06/seoul-stocks-open-higher-after-u-s-tech-led-rally",
        "published": "2026-10-06T00:03:01.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Seoul stocks open higher after US tech-led rally",
        "url": "https://urgent.news/2026/10/06/seoul-stocks-open-higher-after-us-tech-led-rally",
        "published": "2026-10-06T00:32:03.000Z"
      }
    ]
  },
  "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."
}