Capital Com MENA Securities Trading LLC is regulated by the Capital Market Authority.
Open platformOpen platform

South Korean shares rally following Wall Street surge

By Reuters News

SEOUL, Nov 10 (Reuters) - Round-up of South Korean financial markets:

** South Korean shares rallied on Tuesday after a three-session slide, tracking a rebound in US technology stocks, while lower global oil prices eased inflation concerns. The won weakened, while benchmark bond yields rose.

** The benchmark KOSPI .KS11 was up 179.13 points, or 3.57%, at 5,197.98 as of 0111 GMT.

** Chipmaker Samsung Electronics 005930.KS rose 3.74%, while peer SK Hynix 000660.KS gained 5.28%.

** Among other index heavyweights, battery maker LG Energy Solution 373220.KS climbed 3.77%. Hyundai Motor 005380.KS rose 1.84%, while sister automaker Kia Corp 000270.KS slipped 0.21%.

** Steelmaker POSCO Holdings 005490.KS added 3.47%, while drugmaker Samsung BioLogics 207940.KS fell 2.32%.

** Of the total 905 traded issues, 664 shares advanced, while 196 declined.

** US stocks rallied on Monday, as a drop in oil prices tempered inflation fears and helped the ​S&P 500 rebound from its biggest weekly drop since April 2025, and tech shares jumped even as AI heavyweight Nvidia slumped with controversy swirling around CEO Jensen Huang.

** Foreigners were net buyers of shares worth 136.2 billion won.

** The won was quoted at 1,344.5 per dollar on the onshore settlement platform , 0.33% lower than its previous close at 1,340.0.

** In offshore trading, the won was quoted at 1,343.4 per dollar, down 0.2% on the day, while in non-deliverable forward trading its one-month contract was quoted at 1,342.6.

** The KOSPI has risen 23.35% so far this year.

** The won has strengthened 7.1% against the dollar this year.

** In money and debt markets, December futures on three-year treasury bonds lost 0.06 point to 103.75.

** The most liquid three-year Korean treasury bond yield rose by 1.9 basis points to 3.653%, while the benchmark 10-year yield rose by 0.7 basis point to 3.865%.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.