{
  "id": 1660470,
  "title": "Seoul shares end lower, snapping 5-day winning streak, on profit-taking",
  "url": "https://urgent.news/2026/08/18/seoul-shares-end-lower-snapping-5-day-winning-streak-on-profit-taking",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-18T06:39:58.000Z",
  "source": {
    "name": "Yonhap News",
    "slug": "yonhap-news",
    "url": "https://en.yna.co.kr/view/AEN20260818006400320"
  },
  "original_language": "en",
  "account": "Seoul's stock market witnessed a reversal of fortune on Tuesday, concluding a remarkable five-day winning streak with a 1.55% drop to close at 6,869.83 points. After an impressive opening gain of 2%, the Korea Composite Stock Price Index (KOSPI) experienced a sharp decline, shedding 108.11 points. The trading volume remained steady with 399.04 million shares exchanged, valued at 29.64 trillion won, with the number of declining stocks surpassing the gainers by a margin of 679 to 195. Institutional investors led the selling, offloading stocks worth 784.9 billion won, while foreign and retail investors contributed a net buying of 91.4 billion won and 731.29 billion won, respectively.\n\nThe recent downturn was attributed to profit-taking by investors, as well as the waning expectations for a resolution to the ongoing conflict between Iran and the United States. The U.S. stock market had experienced a decline over the weekend, with the Dow Jones Industrial Average falling by 0.51% and the tech-focused Nasdaq composite retreating 0.32%. Elevated oil prices continued to fuel inflation concerns, further dampening investor sentiment. The fading hopes for a deal with Iran were exacerbated by remarks from U.S. President Donald Trump, who expressed a lack of interest in extending the agreement that was set to expire.",
  "summary": "SEOUL, Aug. 18 (Yonhap) -- Seoul shares ended lower Tuesday, snapping a five-day...",
  "key_points": [],
  "editors_take": null,
  "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."
}