{
  "id": 13900715,
  "title": "KOSPI plunges 3.65% despite Samsung's record earnings",
  "url": "https://urgent.news/2026/10/12/kospi-plunges-3-65-despite-samsungs-record-earnings-13900715",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-12T07:42:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/economy/others/20261012/kospi-plunges-365-despite-samsungs-record-earnings"
  },
  "original_language": "en",
  "account": "The KOSPI, South Korea's benchmark stock index, experienced a significant drop of 3.65 percent on Monday, slipping below the 6,400 mark. This marked the start of a four-day losing streak, during which the index has plummeted by 619.50 points, or 8.85 percent since October 6. Previously, the index had breached the 7,000 mark earlier in the week but struggled to recover even after Samsung Electronics announced record earnings last Thursday. The index opened the day at 6,578.17, falling 0.72 percent, and closed at 6,384.24, down 241.69 points, or 3.65 percent, marking its largest daily percentage decline since September 2, when it experienced a 3.99 percent drop. Samsung Electronics and SK hynix, the two leading chip stocks, suffered a 4.39 percent and 4.52 percent decline, respectively, contributing to the decline in KOSPI. Analyst Kim Seok-hwan from Mirae Asset Securities suggested that investors were concerned about an artificial intelligence (AI) bubble following recent reports about OpenAI.",
  "summary": "KOSPI slid 3.65 percent Monday, falling below 6,400 as its losing streak stretched to four consecutive sessions. The benchmark index has shed 619.50 points, or 8.85 percent, since Oct. 6. After losing the 7,000 mark earlier in that stretch, it breached both the 6,500 and 6,400 levels on Monday. Persistent selling by foreign investors has weighed on KOSPI, leaving it struggling to recover even…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "KOSPI plunges 3.65% despite Samsung's record earnings",
        "url": "https://urgent.news/2026/10/12/kospi-plunges-3-65-despite-samsungs-record-earnings",
        "published": "2026-10-12T07:22:03.000Z"
      }
    ]
  },
  "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."
}