South Korea's Kospi 0.2% Higher; Battery, Shipbuilding Stocks Advance -- Market Talk

Dow Jones

04-28

0044 GMT - South Korea's benchmark Kospi edges 0.2% higher at 2551.70 in early trade, as battery and shipbuilding stocks advance. Retail and institutional investors are net buyers. Battery-material supplier Posco Future M rises 2.6%. Electric-vehicle battery maker LG Energy Solution adds 1.3%. Shipbuilder Hanwha Ocean gains 2.7% ahead of its quarterly earnings release later in the day. Oil refiner S-Oil is 0.6% higher after its below-consensus 1Q earnings report. USD/KRW is almost flat at 1,436.25, compared with Friday's Seoul onshore trading close of 1,436.50. South Korea's 10-year government bond yield is down 4.7 bps at 2.576%. (kwanwoo.jun@wsj.com)

(END) Dow Jones Newswires

April 27, 2025 20:44 ET (00:44 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Retail and institutional investors are net buyers. Battery-material supplier Posco Future M rises 2.6%. Electric-vehicle battery maker LG Energy Solution adds 1.3%. Shipbuilder Hanwha <a href=\"https://laohu8.com/S/1B6.SI\">Ocean</a> gains 2.7% ahead of its quarterly earnings release later in the day. Oil refiner S-Oil is 0.6% higher after its below-consensus 1Q earnings report. USD/KRW is almost flat at 1,436.25, compared with Friday's Seoul onshore trading close of 1,436.50. South Korea's 10-year government bond yield is down 4.7 bps at 2.576%. 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Retail and institutional investors are net buyers. Battery-material supplier Posco Future M rises 2.6%. Electric-vehicle battery maker LG Energy Solution adds 1.3%. Shipbuilder Hanwha <a href=\"https://laohu8.com/S/1B6.SI\">Ocean</a> gains 2.7% ahead of its quarterly earnings release later in the day. Oil refiner S-Oil is 0.6% higher after its below-consensus 1Q earnings report. USD/KRW is almost flat at 1,436.25, compared with Friday's Seoul onshore trading close of 1,436.50. South Korea's 10-year government bond yield is down 4.7 bps at 2.576%. 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Retail and institutional investors are net buyers. Battery-material supplier Posco Future M rises 2.6%. Electric-vehicle battery maker LG Energy Solution adds 1.3%. Shipbuilder Hanwha Ocean gains 2.7% ahead of its quarterly earnings release later in the day. Oil refiner S-Oil is 0.6% higher after its below-consensus 1Q earnings report. USD/KRW is almost flat at 1,436.25, compared with Friday's Seoul onshore trading close of 1,436.50. South Korea's 10-year government bond yield is down 4.7 bps at 2.576%. (kwanwoo.jun@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 27, 2025 20:44 ET (00:44 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,"code":"91000000","status":"200"}}}