{"id":646883,"date":"2026-10-15T06:04:19","date_gmt":"2026-10-15T06:04:19","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/646883\/"},"modified":"2026-10-15T06:04:19","modified_gmt":"2026-10-15T06:04:19","slug":"seoul-stocks-extend-losses-as-ai-us-inflation-concerns-persist","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/646883\/","title":{"rendered":"Seoul stocks extend losses as AI, US inflation concerns persist"},"content":{"rendered":"

\"An An electronic board displays the KOSPI and KOSDAQ indexes and the won-dollar exchange rate at Hana Bank\u2019s headquarters in central Seoul on Oct. 15, 2026. (Yonhap) <\/p>\n

Seoul stocks were trading sharply lower late Thursday morning as concerns over artificial intelligence trade and US inflation data sparked a sell-off of major tech shares.<\/p>\n

The benchmark Korea Composite Stock Price Index fell 404.21 points, or 6.73 percent, to 5,604.6 as of 11:20 a.m.<\/p>\n

In early trading, the benchmark index had fallen over 5 percent, triggering the country’s bourse operator to temporary suspend trading for five minutes.<\/p>\n

Overnight, US stocks closed lower as concerns over the sustainability of AI spending and September consumer price data dampened investor sentiment.<\/p>\n

The U.S. Consumer Price Index for September rose 0.6 percent from a month earlier, the fastest level seen since April, according to official data released Wednesday (US time).<\/p>\n

In Seoul, most market top caps were trading lower.<\/p>\n

Chip titans Samsung Electronics and SK hynix tumbled 7.87 percent and 9.87 percent, respectively.<\/p>\n

Industry leader Hyundai Motor fell 5.1 percent, financial firm KB Financial slid 1.13 percent and defense giant Hanwha Aerospace dipped 1.54 percent.<\/p>\n

Among the few winners was bio firm Celltrion, which added 3.13 percent.<\/p>\n

The Korean won was trading at 1,350 won against the US dollar as of 11:20 a.m., down 7.7 won from the close of the previous stock trading session.(Yonhap)<\/p>\n","protected":false},"excerpt":{"rendered":"An electronic board displays the KOSPI and KOSDAQ indexes and the won-dollar exchange rate at Hana Bank\u2019s headquarters…\n","protected":false},"author":2,"featured_media":646884,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[345,343,344,85,46,125],"class_list":["post-646883","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-il","tag-israel","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/646883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=646883"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/646883\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/646884"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=646883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=646883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=646883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}