Seoul stocks open higher after 7-day losing streak

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SEOUL, Oct. 16 (Yonhap) -- Seoul stocks opened higher Friday after the previous session's over 7 percent dip amid woes over artificial intelligence (AI) trade and U.S. inflation.

The benchmark Korea Composite Stock Price Index (KOSPI) opened up 99.77 points, or 1.8 percent, at 5,653.99.

Overnight, major stocks indexes on Wall Street closed higher, but major AI and semiconductor shares ended in negative territory.

The S&P 500 added 0.33 percent, while the tech-heavy Nasdaq inched up 0.08 percent.

U.S. producer price data posted the largest gain in 4 1/2 years in September, further solidifying speculation that the Federal Reserve will raise key rates to rein in inflation.

Financial data is shown on a screen inside the dealing room of Woori Bank in central Seoul on Oct. 15, 2026. (Yonhap)

fairydust@yna.co.kr (END)

Seoul stocks open higher after 7-day losing streak

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首尔，10月16日（韩联社）——受人工智能（AI）贸易和美国通胀担忧的影响，首尔股市周五高开，此前一个交易日下跌超过7%。

韩国综合股价指数（KOSPI）开盘上涨99.77点，涨幅1.8%，报5653.99点。

隔夜，华尔街主要股指收高，但人工智能和半导体类股却收跌。

标准普尔500指数上涨0.33%，而科技股为主的纳斯达克指数小幅上涨0.08%。

美国9月份生产者价格指数录得4年半以来最大涨幅，进一步巩固了美联储将提高关键利率以抑制通胀的猜测。

2026年10月15日，首尔市中心友利银行交易室内的屏幕上显示着金融数据。（韩联社）

fairydust@yna.co.kr (完)

首尔股市在连续7个交易日下跌后高开