{
  "id": 16147315,
  "title": "Seoul stocks trade sharply lower Friday morning on profit-taking",
  "url": "https://urgent.news/2026/10/23/seoul-stocks-trade-sharply-lower-friday-morning-on-profit-taking",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-23T03:57:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/economy/20261023/seoul-stocks-trade-sharply-lower-friday-morning-on-profit-taking"
  },
  "original_language": "en",
  "account": "Korean stocks plummeted early Friday, with investors cashing in on major chip shares after a drop in U.S. artificial intelligence and semiconductor stocks the previous night. The Korea Composite Stock Price Index (KOSPI) fell 2.44 percent, or 135.29 points, to 5,398.48 by 11:20 a.m. The U.S. market closed mixed, with the Dow Jones Industrial Average up 0.02 percent, the S&P 500 down 1.21 percent, and the tech-focused Nasdaq Composite slipping 2.6 percent. Micron Technology dropped 6.26 percent, while Nvidia and Intel fell 4.4 percent and 8.04 percent, respectively. Major semiconductor companies, Samsung Electronics and SK hynix, also declined, with the latter's shares recovering slightly after announcing it would postpone listing its U.S. subsidiary, Solidigm. AI investment firm SK Square saw a 0.4 percent decline following the news. Solidigm, a key player in the sector, saw its stock price slip further amid the market volatility.",
  "summary": "Korean stocks traded sharply lower late Friday morning as investors offloaded major chip shares to take profits following overnight losses in U.S. artificial intelligence (AI) and semiconductor stocks. After opening 2.36 percent lower, the benchmark Korea Composite Stock Price Index (KOSPI) shed 135.29 points, or 2.44 percent, to 5,398.48 as of 11:20 a.m. Overnight, U.S. stocks closed mixed, with…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "Seoul stocks trade sharply lower Fri. morning on profit-taking",
        "url": "https://urgent.news/2026/10/23/seoul-stocks-trade-sharply-lower-fri-morning-on-profit-taking",
        "published": "2026-10-23T02:34:13.000Z"
      }
    ]
  },
  "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."
}