Aug 27, 2025, 14:10 GMT+7Refinitiv1 min read
- KOSPI rises, foreigners net sellers
- Korean won weakens against dollar
- South Korea benchmark bond yield falls
(Reuters) - Round-up of South Korean financial markets:
** South Korean shares ended slightly higher on Wednesday, as shipbuilding stocks jumped on U.S. investment plans, while the broader market was largely in a cautious mood ahead of major events at home and abroad.
** The benchmark KOSPIclosed up 7.80 points, or 0.25%, at 3,187.16.
** South Korean President Lee Jae Myung leaned on promises to "Make American Shipbuilding Great Again" during his first official U.S. trip this week.
** Hanwha Oceanrose 2.88%, after the shipbuilder announced a $5 billion investment in its shipyard in Philadelphia, which Lee visited after his summit meeting with U.S. President Donald Trump.
** HD Hyundai Miposurged 14.59%, HD Hyundai Heavy Industriesclimbed 11.11% and HD Korea Shipbuilding & Offshore Engineeringrose 5.91%. Samsung Heavy Industriesalso gained 6.55%.
** "There was a wait-and-see stance prevailing ahead of Nvidia's earnings," said Lee Kyoung-min, an analyst at Daishin Securities. The U.S. chipmaker is due to announce its quarterly report later in the day.
** On the domestic front, the Bank of Korea is expected to keep interest rates steady on Thursday amid housing market concerns, according to a Reuters poll.
** South Korea's export growth likely slowed in August, weighed by higher U.S. tariffs, according to a separate Reuters poll. The data will be reported on September 1.
** Among index heavyweights, chipmaker Samsung Electronicsrose 0.43%, while peer SK Hynixlost 0.57%. Battery maker LG Energy Solutionslid 1.97%.
** Foreigners were net sellers of shares worth 203.1 billion won ($146.31 million).
** The won was quoted at 1,396.3 per dollar on the onshore settlement platform, 0.19% lower than its previous close at 1,393.6.
** The most liquid three-year Korean treasury bond yield (KR3YT=RR) fell by 1.3 basis points to 2.405%. The benchmark 10-year yieldfell by 2.1 basis points to 2.831%.
($1 = 1,388.1500 won)
Sumber : Reuters
Reprinted from indopremier_id，the copyright all reserved by the original author.
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Like this article? Show your appreciation by sending a tip to the author.
Leave Your Message Now