South Korean shares flip decrease as Mideast tensions overshadow tech rally

Jun 19, 2025 07:33 AM IST SOUTHKOREA-MARKETS/MIDDAY:South Korean shares flip decrease as Mideast tensions overshadow tech rally * South Korean shares flip decrease as Mideast tensions overshadow tech rally KOSPI falls, foreigners internet sellers * Korean gained weakens towards greenback * South Korea benchmark bond yield flat SEOUL, – Round-up of South Korean monetary markets: ** South Korean shares fell on Thursday, weighed by heightening geopolitical tensions within the Middle East, whilst tech shares continued to rally. The gained weakened, whereas the benchmark bond yield was regular. ** The benchmark KOSPI was down 11.85 factors, or 0.40%, at 2,960.34 as of 0142 GMT, after beginning the session increased. ** U.S. President Donald Trump saved the world guessing about whether or not the United States will be a part of Israel’s bombardment of Iranian nuclear websites because the Israel-Iran battle entered its seventh day on Thursday. ** South Korea’s appearing finance minister stated authorities would carefully monitor monetary markets and reply in a well timed method if obligatory. ** Among index heavyweights, chipmaker Samsung Electronics fell 0.67%, whereas peer SK Hynix was flat. Battery maker LG Energy Solution slid 0.86%. ** Hyundai Motor and sister automaker Kia Corp had been up 0.49% and down 0.71%, respectively. Steelmaker POSCO Holdings was flat, whereas drugmaker Samsung BioLogics fell 0.60%. ** Tech shares prolonged a rally on coverage optimism, with search engine Naver rising 4.11% and immediate messenger Kakao climbing 10.14%. ** Of the entire 934 traded points, 302 shares superior, whereas 592 declined. ** Foreigners had been internet sellers of shares value 213.9 billion gained . ** The gained was quoted at 1,381.9 per greenback on the onshore settlement platform, 0.69% decrease than its earlier shut at 1,372.3. ** In cash and debt markets, September futures on three-year treasury bonds had been unchanged at 107.11. ** The most liquid three-year Korean treasury bond yield rose by 0.4 foundation level to 2.473%, whereas the benchmark 10-year yield fell by 0.1 foundation level to 2.875%. This article was generated from an automatic information company feed with out modifications to textual content.

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