{
  "id": 524864,
  "title": "Seoul shares turn higher late Tuesday morning on tech gains",
  "url": "https://urgent.news/2026/08/11/seoul-shares-turn-higher-late-tuesday-morning-on-tech-gains",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-11T02:57:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/economy/20260811/seoul-shares-turn-higher-late-tuesday-morning-on-tech-gains"
  },
  "original_language": "en",
  "account": "Korean shares experienced a late morning surge on Tuesday as foreign investors took advantage of bargain prices in big-cap technology stocks. Initially opening 0.95 percent lower, the benchmark Korea Composite Stock Price Index (KOSPI) rebounded by 33.37 points, or 0.53 percent, reaching 6,333.03 by 11:20 a.m. This shift was driven by foreign investors purchasing 1.29 trillion won ($911.2 million) worth of shares, balancing out a combined 1.13 trillion-won selling pressure from retail and institutional investors.\n\nThe previous day, U.S. markets had slipped from their record highs, with the S&P 500 falling 0.1 percent, the Dow Jones Industrial Average declining 0.1 percent, and the tech-focused Nasdaq Composite dropping 0.3 percent. Following the U.S. market's dip, Korean stocks initially mirrored the downward trend. However, as the morning progressed, most large-cap shares recovered their footing.\n\nNotably, Samsung Electronics, a market bellwether, rose by 3.26 percent, while its rival, SK hynix, declined 0.63 percent. The Korean won strengthened against the U.S. dollar, trading at 1,415.8 won by 11:20 a.m., marking a 2.5 won increase from the previous close.",
  "summary": "Korean shares turned higher late Tuesday morning as foreign investors scooped up big-cap tech shares on bargain hunting. After opening 0.95 percent lower, the benchmark Korea Composite Stock Price Index (KOSPI) added 33.37 points, or 0.53 percent, at 6,333.03 as of as of 11:20 a.m. Foreign investors bought up a net 1.29 trillion won ($911.2 million) worth of shares, offsetting a combined 1.13…",
  "key_points": [
    "Korean shares rebound 0.53% to 6,333.03 by 11:20 a.m.",
    "Foreign investors buy $911.2M worth of big-cap tech stocks",
    "Samsung Electronics up 3.26%, SK hynix down 0.63%"
  ],
  "editors_take": "Foreign investors' buying spree in big-cap tech stocks reverses the morning's downward trend, giving the market a boost and outpacing selling pressure from retail and institutional investors.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "Seoul shares turn higher late Tuesday morning on tech gains",
        "url": "https://urgent.news/2026/08/11/seoul-shares-turn-higher-late-tuesday-morning-on-tech-gains-525631",
        "published": "2026-08-11T02:43:51.000Z"
      }
    ]
  },
  "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."
}