South Korean shares set to post third straight weekly gain

LG Energy Solution

24/04/2026 02:49

KOSPI falls, foreigners net sellers

Korean won weakens against dollar

South Korea benchmark bond yield rises

SEOUL, April 24 (Reuters) - Round-up of South Korean financial markets:

** South Korean shares fell slightly on Friday on profit-taking after hitting a record high in the previous session on a rally in chipmakers, but were still set to post a third straight weekly rise.

** The benchmark KOSPI .KS11 was down 6.57 points, or 0.10%, at 6,469.24 as of 0130 GMT, after posting a record close on Thursday.

** The KOSPI has risen more than 4% so far this week.

** Samsung Electronics 005930.KS fell 2.00% and SK Hynix 000660.KS lost 0.33%, after the two chipmakers closed at record highs in the previous session on upbeat data.

** On Thursday, SK Hynix posted a record quarterly profit, following Samsung Electronics' projection of a record profit earlier this month, while central bank data showed South Korea's economy grew in the first quarter at the fastest pace in nearly six years.

** Battery maker LG Energy Solution 373220.KS climbed 0.21%, while Hyundai Motor 005380.KS and sister automaker Kia Corp 000270.KS were down 3.38% and down 2.71%, respectively.

** Steelmaker POSCO Holdings 005490.KS shed 0.12%, while drugmaker Samsung BioLogics 207940.KS rose 0.92%.

** Of the total 897 traded issues, 582 shares advanced, while 273 declined.

** Foreigners were net sellers of shares worth 710.2 billion won ($479.27 million).

** The won was quoted at 1,482.9 per dollar on the onshore settlement platform KRW=KFTC, 0.22% lower than its previous close at 1,479.7.

** In money and debt markets, June futures on three-year treasury bonds KTBc1 lost 0.09 point to 103.89.

** The most liquid three-year Korean treasury bond yield KR3YT=RR rose by 3.1 basis points to 3.489%, while the benchmark 10-year yield KR10YT=RR rose by 2.8 basis points to 3.817%.

($1 = 1,481.8300 won)

(Reporting by Jihoon Lee; Editing by Rashmi Aich)

((jihoon.lee@thomsonreuters.com;))