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KOSPI falls, foreigners net sellers Korean won strengthens against dollar South Korea benchmark bond yield rises For the midday report, please click... SEOUL, Oct 14 (Reuters) — Round-up of South Korean financial markets: * South Korean shares erased early gains to end lower on Wednesday, as caution prevailed ahead of
South Korea's KOSPI closed down 1.98% at 6,803.90, its lowest since Sept. 17, amid foreign selling and anxiety over bond yields. Samsung Electronics and SK Hynix both fell, with caution ahead of Samsung's earnings report weighing on sentiment.
South Korean shares declined by nearly 2% on Wednesday, with losses concentrated in chipmakers due to caution ahead of Samsung Electronics' earnings release. The benchmark KOSPI closed down 137.49 points, or 1.98%, at 6,803.90.
South Korean shares declined on Wednesday, with the KOSPI down 0.62% as investors adopted a cautious stance ahead of Samsung Electronics' earnings report, which is expected to show a significant jump in profit due to AI demand. Foreigners were net sellers of shares.
South Korean shares fell on Wednesday as investors adopted a wait-and-see approach ahead of Samsung Electronics' earnings release. The benchmark KOSPI was down 43.20 points, or 0.62%, at 6,898.19 as of 0138 GMT.
KOSPI closed down 0.48% at 6,838.04 and fell 19.3% in the quarter; foreigners sold 2.1 trillion won of shares as won strengthened.
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