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South Korean Stocks Rebound After Wall Street Rally; Bond Yields Rise
20 hour ago /
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Author：小编
On November 10, South Korean stocks snapped a three-day losing streak to close higher, tracking a rebound in U.S. tech shares, while falling oil prices helped ease inflation concerns. The Korean won weakened, and government bond yields moved higher. Samsung Electronics gained over 4%, and SK Hynix rose more than 5%. LG Energy Solution advanced 4%, Hyundai Motor climbed nearly 2%, and POSCO Holdings gained more than 3%, while Samsung Biologics fell over 2%. Foreign investors net bought about 136.2 billion won worth of stocks. The three-year government bond yield rose 1.9 basis points to 3.653%, and the 10-year yield added 0.7 basis points to 3.865%.
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