{
  "id": 17000881,
  "title": "[Opening Market] KOSPI Opens Above 6,000 on Semiconductor Rally",
  "url": "https://urgent.news/2026/10/29/opening-market-kospi-opens-above-6-000-on-semiconductor-rally",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T03:40:51.000Z",
  "source": {
    "name": "BusinessKorea",
    "slug": "businesskorea",
    "url": "https://www.businesskorea.co.kr/news/articleView.html?idxno=279948"
  },
  "original_language": "en",
  "account": "On Thursday, October 29, the domestic KOSPI market opened strongly at 6,017.22, rising 0.08% after closing with a sharp 6% increase the previous day. This surge was driven by foreign investor interest and favorable news from domestic semiconductor companies, particularly SK hynix, which announced a 100 trillion won shareholder return policy and record-breaking performance. The index remained above the psychologically significant 6,000 mark, supported by foreign and institutional net purchases totaling 200 billion won ($149.36 million). Conversely, the KOSDAQ market struggled, opening with a 0.45% decline and widening losses due to selling pressure from foreign and institutional investors. Foreign investors were active, purchasing close to 200 billion won worth of stocks, while institutional investors sold stocks worth 500 billion won, influenced by recent surges and profit-taking. Key semiconductor stocks, Samsung Electronics and SK hynix, led the market, with SK hynix achieving a 5% surge and surpassing the 1.55 million won mark. Other large-cap stocks exhibited varied trends, with some in the battery and automobile sectors showing mixed performance, while semiconductor materials and equipment-related stocks benefited from the sector's overall strength.",
  "summary": "On Thursday, Oct. 29, the domestic financial market experienced a vigorous start, influenced by the tailwinds from global stock markets the previous day and massive favorable news triggered by domestic leading semiconductor stocks.On this day, the KOSPI opened at 6017.22, up 0.08%, even after closin",
  "key_points": [
    "KOSPI opens at 6,017.22, up 0.08%",
    "Surge fueled by foreign investors and SK hynix policy",
    "KOSDAQ declines 0.45% amid profit-taking"
  ],
  "editors_take": "The semiconductor sector's massive performance and shareholder returns are driving a major shift in market momentum, pulling the KOSPI above key psychological levels while leaving the KOSDAQ behind.",
  "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."
}