{
  "id": 4592675,
  "title": "KOSPI reverses losses as Samsung, SK hynix buybacks lift sentiment",
  "url": "https://urgent.news/2026/08/31/kospi-reverses-losses-as-samsung-sk-hynix-buybacks-lift-sentiment-4592675",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-31T07:27:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/economy/20260831/kospi-reverses-losses-as-samsung-sk-hynix-buybacks-lift-sentiment"
  },
  "original_language": "en",
  "account": "The KOSPI index rebounded from a sharp decline on Monday, closing higher amid optimism over potential U.S. interest rate hikes in September. The South Korean won strengthened, hitting the 1,360-won level against the dollar for the first time in 13 months. The benchmark index finished at 6,820.02, marking a 0.46 percent increase from the previous trading session. Opening 2.58 percent lower, the KOSPI regained momentum as large-cap stocks rallied in afternoon trading. Foreign investors offloaded a net 640 billion won worth of shares, while institutions sold a net 793 billion won. Retail investors were also net sellers, shedding 144 billion won. Corporate investors, however, were net buyers, purchasing 1.57 trillion won and absorbing much of the selling pressure. This buying spree marked the longest stretch of net-buying on the KOSPI, extending to nine consecutive sessions. The buying activity was driven by share repurchases from major companies, with Samsung Electronics initiating a buyback program on August 24 as part of an employee compensation initiative. SK hynix also made significant purchases, acquiring approximately 700 billion won worth of shares to support the market.",
  "summary": "The benchmark KOSPI rebounded from a steep opening drop to close higher, Monday, as share buybacks by Samsung Electronics and SK hynix lifted the index amid concerns over a potential U.S. interest rate hike in September. The won continued to strengthen, closing in the 1,360-won range against the dollar for the first time in 13 months. The KOSPI closed at 6,820.02, up 0.46 percent from the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "Samsung Electronics, SK hynix's corporate tax tops 11 tln won in H1",
        "url": "https://urgent.news/2026/08/30/samsung-electronics-sk-hynixs-corporate-tax-tops-11-tln-won-in-h1",
        "published": "2026-08-30T03:49:06.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Samsung Electronics, SK hynix's corporate tax tops $8.1 bil. in H1",
        "url": "https://urgent.news/2026/08/30/samsung-electronics-sk-hynixs-corporate-tax-tops-8-1-bil-in-h1",
        "published": "2026-08-30T04:07:02.000Z"
      }
    ]
  },
  "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."
}