{
  "id": 746921,
  "title": "Chip rally lifts KOSPI 3.56% in 4th straight gain",
  "url": "https://urgent.news/2026/08/13/chip-rally-lifts-kospi-3-56-in-4th-straight-gain",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T08:37:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/economy/20260813/chip-rally-lifts-kospi-356-in-4th-straight-gain"
  },
  "original_language": "en",
  "account": "The KOSPI index experienced a 3.56% surge on Thursday, marking its fourth consecutive gain. The benchmark KOSPI finished at 6,813.34, up from the previous session's level. The index opened 2.96% higher and continued its upward trajectory throughout the trading day. Foreign and institutional investors contributed to the rally by purchasing a net 2.1 trillion won worth of shares ($1.47 billion) and 680.9 billion won in shares, respectively. However, retail investors sold a net 2.73 trillion won worth of shares, likely due to profit-taking. An overnight rally in U.S. semiconductor stocks had a positive impact on the Korean chip sector, bolstering investor sentiment. SK hynix experienced a 5.92% increase, closing at 1,593,000 won, while Samsung Electronics gained 4.89% to reach 268,000 won. Samsung Electro-Mechanics also benefited from increased investor interest, as Morgan Stanley upgraded the company to its top pick and raised its target price to 2.62 million won, resulting in a 12.58% gain and a closing price of 1,503,000 won. The net selling pressure exerted by foreign investors has been diminishing.",
  "summary": "KOSPI surged 3.56 percent Thursday, extending its winning streak to four sessions as sharp gains in semiconductor heavyweights kept the index in positive territory. The benchmark KOSPI closed at 6,813.34, up 3.56 percent from the previous session. The index opened 2.96 percent higher and extended its gains throughout the session. Foreign and institutional investors bought a net 2.1 trillion won…",
  "key_points": [
    "KOSPI index rises 3.56% on Thursday, fourth consecutive gain",
    "Foreign and institutional investors buy net 2.1 trillion won worth of shares",
    "SK hynix and Samsung Electronics lead sector gains"
  ],
  "editors_take": "The chip sector's strong performance, fueled by a US semiconductor rally and investor upgrades, is helping drive the KOSPI's gains, benefiting key players like Samsung Electronics, SK hynix, and Samsung Electro-Mechanics.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "Chip rally lifts KOSPI 3.56% in 4th straight gain",
        "url": "https://urgent.news/2026/08/13/chip-rally-lifts-kospi-3-56-in-4th-straight-gain-747899",
        "published": "2026-08-13T08:52:02.000Z"
      }
    ]
  },
  "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."
}