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Home Shares S.Korean shares flat as rate-hike bets, key financial information loom

S.Korean shares flat as rate-hike bets, key financial information loom

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S.Korean shares flat as rate-hike bets, key financial information loom

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* KOSPI falls, foreigners internet consumers
Korean gained strengthens towards U.S. greenback
South Korea benchmark bond yield falls

SEOUL, July 25 (Reuters) – Spherical-up of South Korean
monetary markets:

** South Korean shares have been flat on Monday, as traders
maintained a cautious stance forward of an eventful week each at
house and globally that would impression the course of markets. The
Korean gained strengthened, whereas the benchmark bond yield fell.

** The benchmark KOSPI held its floor at 2,390.57,
as of 0144 GMT, on warning forward of the U.S. Federal Reserve’s
rate of interest choice, and releases of financial progress information
from the US and South Korea.

** Among the many heavyweights, know-how big Samsung
Electronics rose 0.16% and peer SK Hynix
fell 0.10%, whereas battery maker LG Power Answer
dropped 1.96%.

** Foreigners have been internet consumers of 59.2 billion gained price of
shares on the primary board.

** The gained was quoted at 1,310.6 per greenback on the onshore
settlement platform , 0.18% larger than its earlier
shut at 1,313.0.

** In offshore buying and selling, the gained was quoted at 1,310.0
per greenback, nearly flat from the day prior to this, whereas in
non-deliverable ahead buying and selling its one-month contract
was quoted at 1,309.0.

** The KOSPI prolonged losses after a 0.7% decline on Friday.
The index dropped 19.72% to date this 12 months, and misplaced 7.8% within the
earlier 30 buying and selling classes.

** The buying and selling quantity throughout the session within the KOSPI index
was 138.13 million shares. Of the overall traded problems with
924, the variety of advancing shares was 285.

** The gained misplaced 9.3% towards the greenback to date this 12 months.

** In cash and debt markets, September futures on
three-year treasury bonds rose 0.18 factors to 105.09.

** Probably the most liquid 3-year Korean treasury bond yield fell by
5.Three foundation factors to three.155%, whereas the benchmark 10-year yield
dropped 8.Zero foundation factors to three.221%.

(Reporting by Choonsik Yoo; Further reporting by Younah
Moon; Modifying by Sherry Jacob-Phillips)
((choonsik.yoo@thomsonreuters.com))

Key phrases: SOUTHKOREA MARKETS/MIDDAY

The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.

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