{
  "id": 15544516,
  "title": "Seoul shares narrow losses late Mon. morning on institutional buying",
  "url": "https://urgent.news/2026/10/19/seoul-shares-narrow-losses-late-mon-morning-on-institutional-buying",
  "topic": "world",
  "section": "World",
  "published": "2026-10-19T02:45:34.000Z",
  "source": {
    "name": "Yonhap News",
    "slug": "yonhap-news",
    "url": "https://en.yna.co.kr/view/AEN20261019004700320"
  },
  "original_language": "en",
  "account": "Seoul shares saw a slight rebound on Monday morning, recovering from a sharp 3.17 percent drop after a technology-led sell-off on Wall Street, which fueled speculation about heavy spending on artificial intelligence (AI) infrastructure. The Korea Composite Stock Price Index (KOSPI) ended the session 0.26 percent lower at 5,653.25, following a 14.8-point decline from the previous session. Earlier that day, the Dow Jones Industrial Average slipped 0.34 percent, while the tech-heavy Nasdaq Composite fell 2.14 percent. Institutional investors bought a total of 377.27 billion won (US$284 million) worth of stocks, while foreigners and individual investors sold 84.13 billion won and 555.03 billion won, respectively. Concerns about upcoming earnings reports from major companies like Tesla and Meta Platforms, along with the upcoming U.S. midterm elections on November 3, continued to weigh on investor sentiment. Market leaders such as Samsung Electronics, SK hynix, SK Telecom, and HD Hyundai Electric all experienced declines, while Hyundai Motor and Korean Air showed gains. As of 11:20 a.m., the Korean won was trading at 1,329.80 against the U.S. dollar, up 6.7 won from the previous day's close.",
  "summary": "SEOUL, Oct. 19 (Yonhap) -- Seoul shares narrowed their losses late Monday mornin...",
  "key_points": [
    "Seoul shares narrowly rebounded 0.26% to 5,653.25, after 3.17% drop",
    "Institutional investors bought 377.27 billion won in stocks",
    "Concerns about earnings, elections weighed on sentiment"
  ],
  "editors_take": "Institutional buying provides a critical buffer for the Korean market as investors navigate global technology volatility and political uncertainty ahead of the upcoming United States midterm elections.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}