AIRLINK 170.57 Decreased By ▼ -2.58 (-1.49%)
BOP 11.18 Increased By ▲ 0.53 (4.98%)
CNERGY 8.41 Decreased By ▼ -0.11 (-1.29%)
CPHL 99.73 Increased By ▲ 2.27 (2.33%)
FCCL 46.60 Decreased By ▼ -0.65 (-1.38%)
FFL 15.15 Decreased By ▼ -0.27 (-1.75%)
FLYNG 27.55 Decreased By ▼ -0.58 (-2.06%)
HUBC 137.78 Decreased By ▼ -1.13 (-0.81%)
HUMNL 12.92 Increased By ▲ 0.11 (0.86%)
KEL 4.54 No Change ▼ 0.00 (0%)
KOSM 5.36 Decreased By ▼ -0.19 (-3.42%)
MLCF 62.40 Increased By ▲ 0.14 (0.22%)
OGDC 212.16 Decreased By ▼ -2.59 (-1.21%)
PACE 5.42 Decreased By ▼ -0.13 (-2.34%)
PAEL 47.18 Increased By ▲ 2.32 (5.17%)
PIAHCLA 18.48 Decreased By ▼ -0.22 (-1.18%)
PIBTL 10.36 Decreased By ▼ -0.38 (-3.54%)
POWER 12.33 Increased By ▲ 0.07 (0.57%)
PPL 169.60 Decreased By ▼ -4.27 (-2.46%)
PRL 35.85 Decreased By ▼ -0.37 (-1.02%)
PTC 23.09 Decreased By ▼ -0.47 (-1.99%)
SEARL 96.26 Increased By ▲ 0.95 (1%)
SSGC 39.52 Increased By ▲ 0.39 (1%)
SYM 13.84 Decreased By ▼ -0.18 (-1.28%)
TELE 7.15 Decreased By ▼ -0.08 (-1.11%)
TPLP 10.03 Decreased By ▼ -0.26 (-2.53%)
TRG 63.48 Decreased By ▼ -1.20 (-1.86%)
WAVESAPP 9.99 Decreased By ▼ -0.05 (-0.5%)
WTL 1.31 Decreased By ▼ -0.02 (-1.5%)
YOUW 3.66 Decreased By ▼ -0.04 (-1.08%)
BR100 12,305 Decreased By -186.6 (-1.49%)
BR30 37,415 Decreased By -278.7 (-0.74%)
KSE100 114,853 Decreased By -1335.9 (-1.15%)
KSE30 35,217 Decreased By -533.1 (-1.49%)

SEOUL: Round-up of South Korean financial markets:

South Korea stocks extend gains to sixth session on further US rate cut hopes

  • South Korean shares were little changed on Wednesday after a six-session winning run, as losses in financials countered gains in chipmakers.

  • The benchmark KOSPI was down 2.27 points, or 0.09%, at 2,629.41 as of 0312 GMT, after hitting a three-week high in the previous session.

  • Chipmaker Samsung Electronics rose 0.16% and peer SK Hynix jumped 2.32%, tracking overnight gains in US peers. ** The finance-major index and the securities-minor index dropped more than 2% each. Financial stocks are seen among the major gainers of the government’s market reform push.

  • After market hours on Tuesday, the Korea Exchange said it would launch a new stock index, which includes some financial firms, to support the “Corporate Value-up Programme” aimed at boosting the local equity market’s valuations.

  • Finance Minister Choi Sang-mok said on Wednesday that the government’s policy priority was more focused on tackling slowing domestic demand than rising household debt in the short term.

  • Among other index heavyweights, e-commerce firms and battery stocks rose, while automakers and biopharmaceutical manufacturers fell.

  • Of the total 933 traded issues, 504 shares advanced, while 361 declined.

  • Foreigners were net sellers of shares worth 327.6 billion won ($246.37 million).

  • The won was quoted at 1,329.1 per dollar on the onshore settlement platform, 0.10% higher than its previous close at 1,330.4.

  • In money and debt markets, December futures on three-year treasury bonds rose 0.05 point to 106.28.

  • The most liquid three-year Korean treasury bond yield rose by 1.1 basis points to 2.847%, while the benchmark 10-year yield was flat at 3.016%.

Comments

Comments are closed.