South Korea's Kospi Rises 0.1% as Shipbuilding, Home-Appliance Stocks Advance -- Market Talk

Dow Jones

2024-10-23

0040 GMT - South Korea's benchmark Kospi edges up 0.1% to 2574.17 in early trade, as shipbuilding and home-appliance stocks advance. Institutional investors are net buyers. Trading volume is thin as investors await 3Q earnings results from LG Electronics, SK Hynix and Hyundai Motor--all due Thursday. Consumer electronics giant LG Electronics is up 2.7% after guiding for 2030 revenue and profit growth. Most shipbuilders are higher, with HD Hyundai Mipo rising 3.5%. USD/KRW is 0.1% higher at 1,381.35, compared with the previous onshore trading close. The South Korean 10-year government bond yield is up 7.6 bps at 3.130%. (kwanwoo.jun@wsj.com)

(END) Dow Jones Newswires

October 22, 2024 20:40 ET (00:40 GMT)

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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"WPC.SI":"VALLIANZ HOLDINGS LTD","BK4211":"区域性银行","CFA.SI":"NikkoAM-STC Asia REIT","BK6088":"石油天然气设备与服务","HBCP":"Home合众银行","BK4195":"互助储蓄与抵押信贷金融服务","BK6519":"运输股"},"translate_title":"韩国综合股价指数上涨0.1%，造船、家电股上涨——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CFA.SI":1,"HBCP":1,"WPC.SI":1},"content_text":"0040 GMT - South Korea's benchmark Kospi edges up 0.1% to 2574.17 in early trade, as shipbuilding and home-appliance stocks advance. Institutional investors are net buyers. Trading volume is thin as investors await 3Q earnings results from LG Electronics, SK Hynix and Hyundai Motor--all due Thursday. Consumer electronics giant LG Electronics is up 2.7% after guiding for 2030 revenue and profit growth. Most shipbuilders are higher, with HD Hyundai Mipo rising 3.5%. USD/KRW is 0.1% higher at 1,381.35, compared with the previous onshore trading close. The South Korean 10-year government bond yield is up 7.6 bps at 3.130%. (kwanwoo.jun@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 22, 2024 20:40 ET (00:40 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":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}