South Korea's Kospi 0.3% Lower; Battery, Shipbuilding Stocks Retreat -- Market Talk

Dow Jones

2024/12/13

0026 GMT - South Korea's benchmark Kospi falls 0.3% to 2474.56 in early trade as battery and shipbuilding stocks retreat. Foreign and institutional investors are net sellers. Wall Street's overnight losses and the deepening domestic political crisis are weighing on sentiment. President Yoon is facing another impeachment vote on Saturday over his failed martial-law attempt, with more lawmakers calling for his ouster. EV battery maker LG Energy Solution is down 3.2%. Shipbuilder Hanwha Ocean is 1.4% lower. USD/KRW is up 0.1% at 1,433.15, compared with the prior session's Seoul onshore trading close. South Korea's 10-year government bond yield is up 0.8 bp at 2.700%. (kwanwoo.jun@wsj.com)

(END) Dow Jones Newswires

December 12, 2024 19:26 ET (00:26 GMT)

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Foreign and institutional investors are net sellers. Wall Street's overnight losses and the deepening domestic political crisis are weighing on sentiment. President Yoon is facing another impeachment vote on Saturday over his failed martial-law attempt, with more lawmakers calling for his ouster. EV battery maker LG Energy Solution is down 3.2%. Shipbuilder Hanwha <a href=\"https://laohu8.com/S/1B6.SI\">Ocean</a> is 1.4% lower. USD/KRW is up 0.1% at 1,433.15, compared with the prior session's Seoul onshore trading close. South Korea's 10-year government bond yield is up 0.8 bp at 2.700%. (kwanwoo.jun@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 12, 2024 19:26 ET (00:26 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>South Korea's Kospi 0.3% Lower; Battery, Shipbuilding Stocks Retreat -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSouth Korea's Kospi 0.3% Lower; Battery, Shipbuilding Stocks Retreat -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-12-13 08:26</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0026 GMT - South Korea's benchmark Kospi falls 0.3% to 2474.56 in early trade as battery and shipbuilding stocks retreat. Foreign and institutional investors are net sellers. Wall Street's overnight losses and the deepening domestic political crisis are weighing on sentiment. President Yoon is facing another impeachment vote on Saturday over his failed martial-law attempt, with more lawmakers calling for his ouster. EV battery maker LG Energy Solution is down 3.2%. Shipbuilder Hanwha <a href=\"https://laohu8.com/S/1B6.SI\">Ocean</a> is 1.4% lower. USD/KRW is up 0.1% at 1,433.15, compared with the prior session's Seoul onshore trading close. South Korea's 10-year government bond yield is up 0.8 bp at 2.700%. 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Foreign and institutional investors are net sellers. Wall Street's overnight losses and the deepening domestic political crisis are weighing on sentiment. President Yoon is facing another impeachment vote on Saturday over his failed martial-law attempt, with more lawmakers calling for his ouster. EV battery maker LG Energy Solution is down 3.2%. Shipbuilder Hanwha Ocean is 1.4% lower. USD/KRW is up 0.1% at 1,433.15, compared with the prior session's Seoul onshore trading close. South Korea's 10-year government bond yield is up 0.8 bp at 2.700%. 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South Korea's 10-year government bond yield is up 0.8 bp at 2.700%. (kwanwoo.jun@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 12, 2024 19:26 ET (00:26 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}