South Korean shares rally following Wall Street surge

By Reuters News01:35 (UTC), 10 November 2026 Updated

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%.