{
  "id": 446899,
  "title": "Kosdaq soars 7% while KOSPI gains modestly",
  "url": "https://urgent.news/2026/08/10/kosdaq-soars-7-while-kospi-gains-modestly-446899",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-10T07:37:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/economy/20260810/kosdaq-soars-7-while-kospi-gains-modestly"
  },
  "original_language": "en",
  "account": "On Monday, the KOSPI edged upward but struggled to surpass the 6,300 threshold, while the Kosdaq experienced a more substantial surge, closing more than 6 percent higher at 850. The KOSPI finished the day 0.65 percent higher at 6,299.66, marking an end to a two-day decline. Foreign investors disposed of a net 1.5 trillion won ($1.06 billion) in shares, while retail and institutional investors collectively bought a net 899.8 billion won and 567.4 billion won, respectively.\n\nNotably, SK hynix experienced a slight decline of 0.14 percent, settling at 1,420,000 won, whereas Samsung Electronics dipped by 0.43 percent to 230,000 won. The disappointing U.S. nonfarm payrolls data for July, which came in 23,000 below market expectations of a 100,000 increase, eased fears of additional interest rate hikes, bolstering appetite for riskier investments. However, sentiment surrounding chipmakers remained uncertain, following reports suggesting Apple was contemplating a shift towards memory chips sourced from China’s CXMT. Furthermore, optimism for restored U.S.-Iran negotiations waned. In a related development, U.S. President Donald Trump indicated his willingness to conclude the conflict without a nuclear agreement with Iran if it meant facilitating freedom of navigation through the Strait of Hormuz.",
  "summary": "The Korea Times reports that the Kosdaq index surged by more than 6 percent on Monday, closing above 850, while the KOSPI index only managed to edge higher by 0.65 percent, failing to reclaim the 6,300 level. The KOSPI closed at 6,299.66, marking a turnaround from the previous two sessions of losses. Foreign investors sold a net 1.5 trillion won worth of shares, whereas retail and institutional investors bought shares in net amounts of 899.8 billion won and 567.4 billion won, respectively. Among individual stocks, SK hynix and Samsung Electronics both experienced slight declines of 0.14 percent and 0.43 percent, respectively. The weak U.S. nonfarm payrolls report, which showed a decrease of 23,000 jobs in July, helped ease concerns about potential interest rate hikes and bolstered demand for riskier assets. However, sentiment toward chipmakers remained cautious due to reports that Apple was considering memory chips from China's CXMT. Additionally, hopes for renewed U.S.-Iran talks diminished.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "Kosdaq soars 7% while KOSPI gains modestly",
        "url": "https://urgent.news/2026/08/10/kosdaq-soars-7-while-kospi-gains-modestly",
        "published": "2026-08-10T07:27:02.000Z"
      }
    ]
  },
  "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."
}