{
  "id": 727122,
  "title": "Seoul shares extend gains late Thursday morning on chip rally",
  "url": "https://urgent.news/2026/08/13/seoul-shares-extend-gains-late-thursday-morning-on-chip-rally",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T03:47:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/economy/20260813/seoul-shares-extend-gains-late-thursday-morning-on-chip-rally"
  },
  "original_language": "en",
  "account": "Korean stocks continued their upward trajectory on Thursday morning, propelled by a surge in major semiconductor companies. As the trading day commenced, the Korea Composite Stock Price Index (KOSPI) soared to new heights, surging 4.19 percent to reach 6,855 points by 11:20 a.m. This impressive rally was fueled by the performance of U.S. stocks tied to the artificial intelligence technology sector, which saw a modest gain of 0.26 percent, falling short of a record high. The Nasdaq composite also exhibited strength, advancing 0.54 percent.\n\nIn contrast, the Dow Jones Industrial Average experienced a slight decline of 0.04 percent, highlighting the divergence between U.S. markets and Korean equities. Among Korean blue-chip stocks, Samsung Electronics emerged as a standout performer, surging 5.48 percent. Its rival in the semiconductor industry, SK hynix, also benefitted from the market momentum, posting a remarkable 7.55 percent increase. SK Square, the parent company of SK hynix, soared even higher, with a staggering 8.98 percent gain. Additionally, Samsung Electro-Mechanics, an electronics component subsidiary of Samsung Electronics, experienced an impressive 12.73 percent rise.\n\nThe Korean won demonstrated resilience against the U.S. dollar, strengthening to 1,415.1 won per dollar by 11:20 a.m., marking a gain of 3.4 won from the previous trading session's close.",
  "summary": "Korean stocks extended gains Thursday morning, led by a rally in big-cap semiconductor shares. After opening 2.96 percent higher, the benchmark Korea Composite Stock Price Index (KOSPI) rose 275.96 points, or 4.19 percent, to 6,855 as of 11:20 a.m. Overnight, U.S. stocks tied to the artificial intelligence technology sector rose. The S&P 500 gained 0.26 percent, closing just shy of a record high,…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "(LEAD) Seoul shares open sharply higher on chip rally",
        "url": "https://urgent.news/2026/08/13/lead-seoul-shares-open-sharply-higher-on-chip-rally",
        "published": "2026-08-13T00:25:18.000Z"
      }
    ]
  },
  "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."
}