{
  "id": 12271572,
  "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-12271572",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-06T01:32:04.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/economy/20261006/seoul-stocks-turn-lower-after-opening-higher-on-profit-taking"
  },
  "original_language": "en",
  "account": "Seoul stocks turned lower after opening higher on profit-taking on Tuesday, as concerns over rising bond yields at multidecade highs overshadowed investor sentiment, according to the latest wire report. The benchmark Korea Composite Stock Price Index (KOSPI) slipped 8.14 points, or 0.12 percent, to 6,995.60 by 9:15 a.m. following its initial gain of 0.58 percent. Investors are now focusing on upcoming corporate earnings, while higher interest rates, surging energy costs, and renewed inflation worries are driving up global bond yields.\n\nOvernight, the Dow Jones Industrial Average managed a modest gain of 0.18 percent, while the tech-focused Nasdaq Composite surged 1.05 percent. In Seoul, large-cap stocks exhibited a mixed performance. Samsung Electronics, the market bellwether, rose by 0.36 percent, while Hyundai Motor, the top carmaker, climbed 0.87 percent. In contrast, LG Electronics surged 6.02 percent following the signing of a long-term agreement to supply chillers for artificial intelligence data centers to a North American company. However, declines were also observed, with SK hynix, Samsung's chipmaking rival, falling 1.14 percent, and Korea Aerospace Industries dropping 2.1 percent.\n\nThe 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."
}