South Korea stocks slip despite stellar exports as oil worries weigh

Samsung Electronics

01/10/2026 02:21

KOSPI falls, foreigners net sellers
Korean won weakens against dollar
South Korea benchmark bond yield rises
SEOUL, Oct 1 (Reuters) - Round-up of South Korean financial markets:

         ** South Korean shares slipped on Thursday despite stellar September trade data, as elevated global oil prices and uncertainty over the sustainability of recovering Middle East oil flows clouded risk sentiment. 
** The won weakened, while the benchmark bond yield rose. ** The benchmark KOSPI .KS11 was down 14.60 points, or 0.21%, at 6,823.44 as of 00:56 GMT.  ** Chipmaker Samsung Electronics 005930.KS fell 0.19%, while peer SK Hynix 000660.KS gained 0.23%. ** Among other index heavyweights, battery maker LG Energy Solution 373220.KS was flat, while Hyundai Motor 005380.KS and sister automaker Kia Corp 000270.KS were down 0.07% and up 0.27%, respectively.
** South Korea's exports jumped 83.5% in September to a record $120.9 billion year-on-year, government data showed on Thursday, as semiconductor shipments more than tripled on global spending on artificial intelligence.    
** Steelmaker POSCO Holdings 005490.KS shed 0.16%, while drugmaker Samsung BioLogics 207940.KS rose roughly 2%.
** US President Donald Trump unveiled plans on Wednesday for South Korea to invest some $200 billion in US projects, but Seoul quickly suggested one key element, a $54 billion pipeline for an LNG project in Alaska, was not yet set in stone. ** Of the total 905 traded issues, 354 shares advanced, while 487 declined. ** Foreigners were net sellers of shares worth 494.4 billion won. ** The won was quoted at 1,359.4 per dollar on the onshore settlement platform KRW=KFTC, 0.27% lower than its previous close at 1,355.7. ** The KOSPI has risen 61.92% so far this year. ** The won has strengthened 5.9% against the dollar so far this year. ** In money and debt markets, December futures on three-year treasury bonds KTBc1 lost 0.07 point to 102.30. ** The most liquid three-year Korean treasury bond yield KR3YT=RR rose 2.4 basis points to 4.035%, while the benchmark 10-year yield KR10YT=RR rose 5.0 basis points to 4.451%.


 (Reporting by Cynthia Kim; Editing by Sherry Jacob-Phillips)
 ((Cynthia.Kim@thomsonreuters.com; 822 3704 5655; Reuters Messaging: cynthia.kim.thomsonreuters.com@reuters.net))