{
  "id": 3650893,
  "title": "Seoul stocks trim early gains late Thurs. morning",
  "url": "https://urgent.news/2026/08/27/seoul-stocks-trim-early-gains-late-thurs-morning",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-27T02:27:55.000Z",
  "source": {
    "name": "Yonhap News",
    "slug": "yonhap-news",
    "url": "https://en.yna.co.kr/view/AEN20260827004600320"
  },
  "original_language": "en",
  "account": "SEOUL, Aug. 27 (Yonhap) -- Early gains in Seoul stocks waned late Thursday morning following the Bank of Korea's decision to raise interest rates for a second time in a row. The benchmark Korea Composite Stock Price Index (KOSPI) started the day 2.76 percent higher before closing 1.93 percent up, at 6,939.91 by 11:20 a.m. local time. The Bank of Korea boosted its key base rate by 0.25 percentage points to 3 percent, marking the first instance of two consecutive rate hikes since January 2023. Semiconductor stocks, buoyed by Nvidia's recent earnings, led the market higher. Samsung Electronics and SK hynix both saw gains of 2.29 percent and 3.44 percent, respectively. Hyundai Motor declined 1.72 percent, while LG Energy Solution rose 4.84 percent. Defense firm Hanwha Aerospace increased 2.76 percent. The Korean won strengthened against the U.S. dollar, trading at 1,379.2 won by 11:20 a.m., up 7.1 won from the previous trading session.",
  "summary": "SEOUL, Aug. 27 (Yonhap) -- Seoul stocks trimmed their earlier gains late Thursda...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "(LEAD) Seoul stocks open sharply higher on robust earnings from Nvidia",
        "url": "https://urgent.news/2026/08/27/lead-seoul-stocks-open-sharply-higher-on-robust-earnings-from-nvidia",
        "published": "2026-08-27T00:30:09.000Z"
      },
      {
        "outlet": "RTHK News - Finance",
        "title": "HK stocks slip into the red as Nvidia euphoria fades",
        "url": "https://urgent.news/2026/08/27/hk-stocks-slip-into-the-red-as-nvidia-euphoria-fades",
        "published": "2026-08-27T03:16:11.000Z"
      }
    ]
  },
  "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."
}