{
  "id": 3692484,
  "title": "(LEAD) Seoul stocks end higher for 3rd day on Nvidia earnings",
  "url": "https://urgent.news/2026/08/27/lead-seoul-stocks-end-higher-for-3rd-day-on-nvidia-earnings",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-27T06:58:03.000Z",
  "source": {
    "name": "Yonhap News",
    "slug": "yonhap-news",
    "url": "https://en.yna.co.kr/view/AEN20260827007151320"
  },
  "original_language": "en",
  "account": "Seoul stocks managed to close over 1 percent higher on Thursday, driven by Nvidia's stronger-than-anticipated earnings, despite the Bank of Korea's successive rate hike. The Korean won gained against the U.S. dollar. After opening more than 2 percent higher, the KOSPI index finished at 6,912.37, up 1.53 percent. Over 265.5 million shares traded worth 22.5 trillion won (US$16.3 billion), with losers outnumbering winners 537 to 316. Retail investors sold 1.91 trillion won, while foreign and institutional investors bought a combined net 318.2 billion won. Investor sentiment remained positive, as Nvidia's robust second-quarter earnings alleviated concerns over the AI boom and sustained demand for semiconductors. However, the index slightly reduced earlier gains following the Bank of Korea's rate hike decision, raising the base rate by 0.25 percentage points to 3 percent. Bank of Korea Governor Shin Hyun-song emphasized the hike as a preemptive action to tackle inflation and financial risks, but noted South Korea's economic growth remains robust due to strong semiconductor exports. Analyst Lee Kyoung-min from Daishin Securities pointed out the market's volatility, seeing a tug-of-war between Nvidia's earnings and the Bank of Korea's monetary policy decisions. Samsung Electronics rose 1.72 percent to 266,000 won, SK hynix climbed 2.49 percent to 1,730,000 won, and battery shares benefitted from energy storage system momentum. LG Energy Solution surged 5.56 percent to 370,500 won, while POSCO Future M jumped 9.07 percent to 184,000 won. Conversely, bio shares declined after profit-taking, with Celltrion falling 1.09 percent to 191,300 won, and SK Biopharmaceuticals dropping 3.93 percent to 88,000 won. The Korean won was traded at 1,380.9 won against the U.S. dollar, up 3.9 won from the previous session.",
  "summary": "SEOUL, Aug. 27 (Yonhap) -- Seoul stocks closed over 1 percent higher Thursday, b...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "Asian stocks rise for third day as Nvidia beats estimates",
        "url": "https://urgent.news/2026/08/27/asian-stocks-rise-for-third-day-as-nvidia-beats-estimates",
        "published": "2026-08-27T02:23:41.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Asian stocks mixed as Nvidia lifts tech, rate concerns keep gains in check",
        "url": "https://urgent.news/2026/08/27/asian-stocks-mixed-as-nvidia-lifts-tech-rate-concerns-keep-gains-in",
        "published": "2026-08-27T04:20:14.000Z"
      },
      {
        "outlet": "Yonhap News",
        "title": "(URGENT) Seoul stocks end higher for 3rd day on Nvidia earnings",
        "url": "https://urgent.news/2026/08/27/urgent-seoul-stocks-end-higher-for-3rd-day-on-nvidia-earnings",
        "published": "2026-08-27T06:31:07.000Z"
      }
    ]
  },
  "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."
}