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South Korean shares closed higher on Friday but posted a weekly loss as rising global yields increased borrowing costs, pressuring equity prices. The benchmark KOSPI index closed up 0.46% on Friday, bringing its weekly performance into negative territory.
South Korean shares fell on Friday, set to log a weekly loss as rising global yields increase borrowing costs and undercut equity prices. The won weakened, while the benchmark bond yield fell.
Global equity markets closed mixed, with Europe down and Wall Street ending a volatile week with modest gains. US Treasury yields topped 5%, while Brent crude remained above $100. Asian markets showed mixed performance.
Global equity markets experienced a mixed session on Friday, with gains on Wall Street partially offsetting losses in Europe. Bond yields continued to climb, with US 10-year Treasury yields topping 5%, while currency markets saw the dollar strengthen against the yen. Spot gold and Brent crude prices showed modest movem