South Korean shares fall for second session as bond yields weigh
KOSPI closed down 0.27% at 6,870.81; foreigners net sold 2.9 trillion won and the won strengthened. Three-year and 10-year yields fell.
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KOSPI closed down 0.27% at 6,870.81; foreigners net sold 2.9 trillion won and the won strengthened. Three-year and 10-year yields fell.
KOSPI falls, foreigners net sellers Korean won weakens against dollar South Korea benchmark bond yield rises For the midday report, please click... SEOUL, Sept 28 (Reuters) — Round-up of South Korean financial markets: * South Korean shares fell more than 2% on Monday in catch-up trading following a holiday break, post
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* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
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South Korean shares rose 1.94% on Tuesday, tracking Wall Street gains. The KOSPI was up 135.91 points to 7,143.63. Shares of Samsung Electronics rose 2.28% and SK Hynix gained 2.94%. The won strengthened 1% against the dollar to 1,365.7, while the benchmark 10-year bond yield fell 0.8 basis points to 4.438%. Foreigners
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SK Hynix Shares Fall 14%
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Samsung Electronics Co., Ltd. (OTC: SSNLF ) just delivered the most profitable quarter in the company’s history, but Asian investors responded by dumping the stock nearly 7% in Seoul. First-quarter revenue reached 133.87 trillion won (about $90 billion) and operating profit hit 57.23 trillion won (about $38 billion), b
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South Korea's KOSPI index suffers a near-vertical drop, plunging 10% before rebounding 2% the next day, driven by weakness in Samsung and SK Hynix stocks