AIRLINK 178.16 Decreased By ▼ -4.55 (-2.49%)
BOP 10.04 Decreased By ▼ -0.41 (-3.92%)
CNERGY 8.22 Decreased By ▼ -0.21 (-2.49%)
CPHL 92.50 Decreased By ▼ -1.71 (-1.82%)
FCCL 45.77 Decreased By ▼ -0.51 (-1.1%)
FFL 15.90 Decreased By ▼ -0.28 (-1.73%)
FLYNG 28.50 Decreased By ▼ -0.05 (-0.18%)
HUBC 142.11 Decreased By ▼ -3.67 (-2.52%)
HUMNL 12.81 Decreased By ▼ -0.22 (-1.69%)
KEL 4.36 Decreased By ▼ -0.05 (-1.13%)
KOSM 5.92 Increased By ▲ 0.13 (2.25%)
MLCF 66.29 Decreased By ▼ -1.01 (-1.5%)
OGDC 214.36 Increased By ▲ 1.08 (0.51%)
PACE 6.02 Decreased By ▼ -0.06 (-0.99%)
PAEL 45.90 Decreased By ▼ -1.94 (-4.06%)
PIAHCLA 17.52 Decreased By ▼ -0.27 (-1.52%)
PIBTL 9.77 Decreased By ▼ -0.15 (-1.51%)
POWER 14.20 Decreased By ▼ -0.06 (-0.42%)
PPL 169.82 Decreased By ▼ -0.84 (-0.49%)
PRL 33.18 Decreased By ▼ -0.82 (-2.41%)
PTC 21.55 Decreased By ▼ -0.68 (-3.06%)
SEARL 93.40 Decreased By ▼ -1.64 (-1.73%)
SSGC 41.11 Decreased By ▼ -0.99 (-2.35%)
SYM 15.46 Decreased By ▼ -0.15 (-0.96%)
TELE 7.68 Increased By ▲ 0.21 (2.81%)
TPLP 9.85 Decreased By ▼ -0.14 (-1.4%)
TRG 66.98 Increased By ▲ 0.09 (0.13%)
WAVESAPP 9.82 Decreased By ▼ -0.06 (-0.61%)
WTL 1.33 Decreased By ▼ -0.02 (-1.48%)
YOUW 3.82 Decreased By ▼ -0.01 (-0.26%)
AIRLINK 178.16 Decreased By ▼ -4.55 (-2.49%)
BOP 10.04 Decreased By ▼ -0.41 (-3.92%)
CNERGY 8.22 Decreased By ▼ -0.21 (-2.49%)
CPHL 92.50 Decreased By ▼ -1.71 (-1.82%)
FCCL 45.77 Decreased By ▼ -0.51 (-1.1%)
FFL 15.90 Decreased By ▼ -0.28 (-1.73%)
FLYNG 28.50 Decreased By ▼ -0.05 (-0.18%)
HUBC 142.11 Decreased By ▼ -3.67 (-2.52%)
HUMNL 12.81 Decreased By ▼ -0.22 (-1.69%)
KEL 4.36 Decreased By ▼ -0.05 (-1.13%)
KOSM 5.92 Increased By ▲ 0.13 (2.25%)
MLCF 66.29 Decreased By ▼ -1.01 (-1.5%)
OGDC 214.36 Increased By ▲ 1.08 (0.51%)
PACE 6.02 Decreased By ▼ -0.06 (-0.99%)
PAEL 45.90 Decreased By ▼ -1.94 (-4.06%)
PIAHCLA 17.52 Decreased By ▼ -0.27 (-1.52%)
PIBTL 9.77 Decreased By ▼ -0.15 (-1.51%)
POWER 14.20 Decreased By ▼ -0.06 (-0.42%)
PPL 169.82 Decreased By ▼ -0.84 (-0.49%)
PRL 33.18 Decreased By ▼ -0.82 (-2.41%)
PTC 21.55 Decreased By ▼ -0.68 (-3.06%)
SEARL 93.40 Decreased By ▼ -1.64 (-1.73%)
SSGC 41.11 Decreased By ▼ -0.99 (-2.35%)
SYM 15.46 Decreased By ▼ -0.15 (-0.96%)
TELE 7.68 Increased By ▲ 0.21 (2.81%)
TPLP 9.85 Decreased By ▼ -0.14 (-1.4%)
TRG 66.98 Increased By ▲ 0.09 (0.13%)
WAVESAPP 9.82 Decreased By ▼ -0.06 (-0.61%)
WTL 1.33 Decreased By ▼ -0.02 (-1.48%)
YOUW 3.82 Decreased By ▼ -0.01 (-0.26%)
BR100 12,517 Decreased By -158.7 (-1.25%)
BR30 37,643 Decreased By -496.1 (-1.3%)
KSE100 117,226 Decreased By -1204.2 (-1.02%)
KSE30 36,020 Decreased By -383.5 (-1.05%)
Markets

South Korean stocks slip as US jobs data curbs rate-cut bets

  • The benchmark KOSPI was down 25.37 points, or 1.01%, at 2,490.44
Published January 13, 2025

SEOUL: Round-up of South Korean financial markets:

  • South Korean shares fell on Monday after better-than-expected US payroll data reinforced bets that the Federal Reserve will be cautious in trimming interest rates this year. The won weakened, while the benchmark bond yield rose.

  • The benchmark KOSPI was down 25.37 points, or 1.01%, at 2,490.44, as of 0218 GMT.

  • Among index heavyweights, chipmaker Samsung Electronics fell 1.63% and peer SK Hynix lost 3.19%, while battery maker LG Energy Solution was flat.

  • Hyundai Motor shed 2.88% and sister automaker Kia Corp lost 1.70%, while search engine Naver and instant messenger Kakao were down 0.25% and down 0.27%, respectively.

  • US job growth unexpectedly accelerated in December, while the unemployment rate fell to 4.1%, as the labor market ended the year on a solid footing, reinforcing views that the Federal Reserve would keep interest rates unchanged this month.

  • Of the total 943 traded issues, 202 shares advanced, while 694 declined.

  • Foreigners were net sellers of shares worth 365.1 billion won on the main board on Monday.

  • The won was quoted at 1,472.4 per dollar on the onshore settlement platform, 0.03% lower than its previous close at 1,472.0.

  • In offshore trading, the won was quoted at 1,471.6 per dollar, up 0.1% on the day, while in non-deliverable forward trading its one-month contract was quoted at 1,469.6.

  • The KOSPI has risen 3.79% so far this year, but lost 0.2% in the previous 30 trading sessions.

  • In money and debt markets, March futures on three-year treasury bonds fell 0.21 point to 106.61.

  • The most liquid three-year Korean treasury bond yield rose 9.5 basis points to 2.656%, while the benchmark 10-year yield rose by 19.8 basis points to 2.880%.

Comments

200 characters