Korean Won Strengthens against Dollar
South Korea Benchmark Bond Yield Falls
Seoul, – Round -up of South Korean Financial Markets:
** south korean shares rose on wedding on The won strengthened, while the benchmark bond yield fell.
** The benchmark kospi added 12.43 points, or 0.4%, to 3,116.07 as of 0129 gmt, building on its nearly 3% Gain on tuesday.
** Hyundai Motor and Sister Automaker Kia Rose 5.34% and 4.75%, respectively, Pulling the Benchmark Index Higher.
** Us Consumer Confidence deteriorated Unexpectedly in June as Househlds Increasingly Worned About Job Availability. However, the purchasing plans for cars ware steady at their highhest since December 2024.
** South Korea’s Auto Exports Jumped 9.2% in the first 20 days of June, data showed earlier this week.
** Among Other Index Heavyweights, Chipmaker Samsung Electronics Rose 0.17% and Peer Sk HYNix Gained 2.87%. Battery Maker LG Energy Solution Lost 0.67%.
** Steelmaker Posco Holdings Added 2.09%, While Drugmaker Samsung Biologics Fell 0.1%.
** of the Total 934 traded issues, 466 advanced and 418 declined.
** Foreigners were net sellers of shares WORTH 218.2 Billion Won.
** The Won was quoted at 1,358.1 per dollar on the onshore settlement platform, 0.24% Higher Than Tuesday’s Close of 1,361.4.
** In Money and Debt Markets, September Futures on Three-Year Treasury Bonds Gained 0.05 point to 107.22.
** The Most Liquid Three-Year Korean Treasury Bond Yield Fell 0.8 Basis Point to 2.448%, While The Benchmark 10-Year Yield Shed 1.6 Basis Points to 2.814%.
This article was generated from an automated news agency feed without modifications to text.