South Korea's Kospi Falls 1.3%, Dragged by Shipbuilding, Steel, Battery Stocks -- Market Talk

Dow Jones
03-11

0700 GMT - South Korea's benchmark Kospi fell 1.3% to close at 2537.60, dragged by shipbuilding, steel and battery stocks. Wall Street's falls overnight weighed on sentiment. Foreign and institutional investors were net sellers after President Trump unnerved traders by refusing to rule out a recession. With new U.S. tariffs on steel and aluminum due to start Wednesday, steelmaker Posco Holdings and ship maker HD Korea Shipbuilding & Offshore Engineering lost 4.5% and 6.9%, respectively. Electric-vehicle battery maker LG Energy Solution slid 2.4% after Tesla's overnight retreat. USD/KRW settled 0.4% higher at 1,458.20 in Seoul onshore trading. South Korea's 10-year government bond yield was down 5.4 bps at 2.747%. (kwanwoo.jun@wsj.com)

 

(END) Dow Jones Newswires

March 11, 2025 03:00 ET (07:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10