South Korea's Kospi 0.9% Higher; Chip, Shipbuilding Stocks Advance -- Market Talk

Dow Jones

04/25

0028 GMT - South Korea's benchmark Kospi rises 0.9% to 2544.14 in early trade as semiconductor and shipbuilding stocks advance. Easing U.S. tariff concerns are supporting sentiment, with Seoul seeking to craft a trade package deal with Washington by early July, Kiwoom Securities analysts say in a note. Memory-chip maker SK Hynix rises 2.4%. Shipbuilder HD Hyundai Heavy Industries climbs 7.3%, leading a rally in local shipmakers. Meanwhile, Kakao falls 5.3% on SK Telecom's plan to dispose of its 2.4% stake in the mobile-internet company. USD/KRW is 0.2% lower at 1,432.25 in Seoul onshore trading. South Korea's 10-year government bond yield is up 2.5 bps at 2.623%. (kwanwoo.jun@wsj.com)

(END) Dow Jones Newswires

April 24, 2025 20:28 ET (00:28 GMT)

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Easing U.S. tariff concerns are supporting sentiment, with Seoul seeking to craft a trade package deal with Washington by early July, Kiwoom Securities analysts say in a note. Memory-chip maker SK Hynix rises 2.4%. Shipbuilder HD Hyundai Heavy Industries climbs 7.3%, leading a rally in local shipmakers. Meanwhile, Kakao falls 5.3% on SK Telecom's plan to dispose of its 2.4% stake in the mobile-internet company. USD/KRW is 0.2% lower at 1,432.25 in Seoul onshore trading. South Korea's 10-year government bond yield is up 2.5 bps at 2.623%. 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Easing U.S. tariff concerns are supporting sentiment, with Seoul seeking to craft a trade package deal with Washington by early July, Kiwoom Securities analysts say in a note. Memory-chip maker SK Hynix rises 2.4%. Shipbuilder HD Hyundai Heavy Industries climbs 7.3%, leading a rally in local shipmakers. Meanwhile, Kakao falls 5.3% on SK Telecom's plan to dispose of its 2.4% stake in the mobile-internet company. USD/KRW is 0.2% lower at 1,432.25 in Seoul onshore trading. South Korea's 10-year government bond yield is up 2.5 bps at 2.623%. (kwanwoo.jun@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 24, 2025 20:28 ET (00:28 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WPC.SI","symbol_name":"VALLIANZ HOLDINGS LTD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2530916965","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2530916965","pubTimestamp":1745540880,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0028 GMT - South Korea's benchmark Kospi rises 0.9% to 2544.14 in early trade as semiconductor and shipbuilding stocks advance. Easing U.S. tariff concerns are supporting sentiment, with Seoul seeking to craft a trade package deal with Washington by early July, Kiwoom Securities analysts say in a note. Memory-chip maker SK Hynix rises 2.4%. Shipbuilder HD Hyundai Heavy Industries climbs 7.3%, leading a rally in local shipmakers. Meanwhile, Kakao falls 5.3% on SK Telecom's plan to dispose of its 2.4% stake in the mobile-internet company. USD/KRW is 0.2% lower at 1,432.25 in Seoul onshore trading. South Korea's 10-year government bond yield is up 2.5 bps at 2.623%. 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South Korea's 10-year government bond yield is up 2.5 bps at 2.623%. (kwanwoo.jun@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 24, 2025 20:28 ET (00:28 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}