{
  "id": 426197,
  "title": "Seoul shares open higher on bargain hunting",
  "url": "https://urgent.news/2026/08/10/seoul-shares-open-higher-on-bargain-hunting",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-10T01:52:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/economy/20260810/seoul-shares-open-higher-on-bargain-hunting"
  },
  "original_language": "en",
  "account": "On Monday, South Korean shares opened higher on Monday, driven by technology stocks as bargain hunters took advantage of the rally following Wall Street's record-setting advance. The Korea Composite Stock Price Index (KOSPI) rose 0.76 percent to close at 6,359.92 points, marking a 1.62 percent increase by 9:15 a.m. However, the KOSPI ended lower on Friday, dragged down by foreign selling.\n\nThe previous day's Wall Street gains, driven by positive U.S. job reports, contributed to the initial rally. The Dow Jones Industrial Average increased by 0.28 percent, while the S&P 500 gained 0.62 percent to reach a new record high. The tech-focused Nasdaq Composite Index also added 1.3 percent.\n\nTechnology stocks were the main movers in Seoul, with investors actively purchasing shares due to the bargain opportunity. Samsung Electronics, a market bellwether, rose 2.49 percent, while chipmaker SK hynix climbed 3.94 percent. As of 9:15 a.m., the Korean won traded at 1,412.1 won against the U.S. dollar, down 2.6 won from the previous session's close.",
  "summary": "Seoul shares opened higher Monday, led by technology stocks, as investors went bargain hunting after Wall Street's record-setting advance. After opening 0.76 percent higher, the benchmark Korea Composite Stock Price Index (KOSPI) further gained 101.15 points, or 1.62 percent, at 6,359.92 as of 9:15 a.m. The KOSPI ended lower for a second straight session Friday, weighed down by foreign selling.…",
  "key_points": [
    "Seoul shares opened higher on Monday, up 0.76% to 6,359.92 points",
    "Bargain hunters drove technology stocks, boosting the KOSPI",
    "Tech stocks led gains, with Samsung Electronics and SK hynix rising"
  ],
  "editors_take": "The rebound in Seoul shares, led by technology stocks, suggests that investors are gaining confidence in the market after Wall Street's record-setting advance and positive US job reports.",
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "Seoul shares open higher on bargain hunting",
        "url": "https://urgent.news/2026/08/10/seoul-shares-open-higher-on-bargain-hunting-427058",
        "published": "2026-08-10T02:02:02.000Z"
      },
      {
        "outlet": "Yonhap News",
        "title": "(URGENT) Seoul shares end tad higher, snap 2-day losing streak",
        "url": "https://urgent.news/2026/08/10/urgent-seoul-shares-end-tad-higher-snap-2-day-losing-streak",
        "published": "2026-08-10T06:33:57.000Z"
      }
    ]
  },
  "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."
}