{
  "id": 7489009,
  "title": "South Korean shares recoup early losses as chipmakers rebound",
  "url": "https://urgent.news/2026/09/15/south-korean-shares-recoup-early-losses-as-chipmakers-rebound",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-15T05:50:02.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40439558/south-korean-shares-recoup-early-losses-as-chipmakers-rebound"
  },
  "original_language": "en",
  "account": "South Korean shares bounced back from early losses on Tuesday, as bargain hunting in chip stocks helped to offset a three-day slide. The KOSPI index recovered 9.74 points, or 0.15%, to reach 6,694.11 as of 0132 GMT, after previously falling nearly 1%. The benchmark index had slipped 3.26% in the previous session due to a slump in chipmakers, which had been dragging the market down for a third consecutive day. Analyst Han Ji-young from Kiwoom Securities noted that the market was recovering from the sharp losses experienced the day before, when it had already accounted for downward pressure from high US bond yields and a decline in US chip stocks.\n\nWall Street closed lower on Monday, dragged down by losses in Nvidia and other chipmakers following remarks from top executives at US artificial intelligence firms who expressed safety concerns and called for a slowdown in AI development. Samsung Electronics, a major player in South Korean chipmaking, rose by 0.70% on Tuesday, while SK Hynix gained 1.27%. Other notable performers included LG Energy Solution, which climbed 2.28%, and Hyundai Motor and Kia Corp, which moved up 0.40% and down 0.28%, respectively. POSCO Holdings, a steelmaker, added 2.07%, while drugmaker Samsung BioLogics fell 0.35%.\n\nOut of the 911 traded issues, 348 shares advanced while 506 declined. Foreign investors were net sellers of shares worth 544.1 billion won ($403.46 million). The South Korean won traded at 1,348.9 per dollar on the onshore settlement platform, a 0.20% decrease from its previous close of 1,346.2. In money and debt markets, September futures on three-year treasury bonds fell 0.05 point to 102.63, while the yield on the most liquid three-year Korean treasury bond increased by 3.0 basis points to 4.045%. The benchmark 10-year yield rose 1.9 basis points to 4.551%.",
  "summary": "SEOUL: Round-up of South Korean financial markets: South Korean shares clawed back early losses on Tuesday, as bargain hunting in chip stocks followed a three-session slide that culminated in a more than 3% drop in the KOSPI a day earlier. The KOSPI was up 9.74 points, or 0.15%, at 6,694.11 as of 0132 GMT, after falling nearly 1% earlier in the session. The benchmark index lost 3.26% in the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}