{
  "id": 12754850,
  "title": "Seoul shares turn lower after opening up amid inflation worries",
  "url": "https://urgent.news/2026/10/08/seoul-shares-turn-lower-after-opening-up-amid-inflation-worries-12754850",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-08T01:32:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/economy/20261008/seoul-shares-turn-lower-after-opening-up-amid-inflation-worries"
  },
  "original_language": "en",
  "account": "Seoul's stock market saw a decline on Thursday, largely influenced by inflation concerns exacerbated by surging oil prices. The Korea Composite Stock Price Index (KOSPI), which had opened 0.07 percent higher, experienced a dip, shedding 53.32 points, or 0.78 percent, to reach 6,750.58 by 9:15 a.m. Elsewhere, the Dow Jones Industrial Average fell by 0.66 percent, and the tech-focused Nasdaq Composite declined by 0.22 percent. Investor sentiment remains cautious as heightened oil prices contribute to inflationary pressures, and the U.S. Federal Reserve has indicated that rate hikes may be necessary this year to curb inflation. In Seoul, large-cap companies experienced a mixed performance. Samsung Electronics, a major market player, slipped by 0.19 percent, while Hyundai Motor, a prominent car manufacturer, decreased by 2.53 percent. Defense provider Hanwha Aerospace declined by 3.5 percent, and shipping giant HMM fell by 2.34 percent. Conversely, chip manufacturer SK hynix gained 0.75 percent, and battery producer Samsung SDI increased by 3.2 percent. The Korean won was trading at 1,337.80 won per U.S. dollar, reflecting a 1.2 won increase from the previous trading session's close.",
  "summary": "Seoul shares turned lower after opening up Thursday, largely due to inflation worries stoked by elevated oil prices. After opening 0.07 percent higher, the benchmark Korea Composite Stock Price Index (KOSPI) lost ground, trading down 53.32 points, or 0.78 percent, to 6,750.58 as of 9:15 a.m. Overnight, the Dow Jones Industrial Average fell 0.66 percent, while the tech-heavy Nasdaq Composite…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "Seoul shares turn lower after opening up amid inflation worries",
        "url": "https://urgent.news/2026/10/08/seoul-shares-turn-lower-after-opening-up-amid-inflation-worries",
        "published": "2026-10-08T01:07:03.000Z"
      },
      {
        "outlet": "Yonhap News",
        "title": "Seoul shares extend losses late Thurs. morning amid inflation worries",
        "url": "https://urgent.news/2026/10/08/seoul-shares-extend-losses-late-thurs-morning-amid-inflation-worries",
        "published": "2026-10-08T02:37:08.000Z"
      }
    ]
  },
  "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."
}