South Korean shares decline ahead of Fed decision

Reuters
Dec 10, 2025
South Korean shares decline ahead of Fed decision

KOSPI falls, foreigners net buyers

Korean won weakens against dollar

South Korea benchmark bond yield falls

For the midday report, please click nL1N3XG02W

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

** South Korean shares edged down on Wednesday as investors adopted a wait-and-see attitude ahead of a likely interest rate cut by the U.S. Federal Reserve later in the day. The won weakened, while the benchmark bond yield fell.

** The benchmark KOSPI .KS11 closed down 8.55 points, or 0.21%, at 4,135.00.

** Among index heavyweights, chipmaker Samsung Electronics 005930.KS fell 0.37%, while peer SK Hynix 000660.KS gained 3.71%. Battery maker LG Energy Solution 373220.KS slid 0.45%.

** South Korea's Samsung SDI 006400.KS said its unit Samsung SDI America has signed a deal to supply lithium iron phosphate (LFP) batteries to a U.S. customer for energy storage systems. Shares advanced 3%.

** The Fed is widely expected to announce a rate cut later in the day, but investors expect policymakers to remain divided.

** Hyundai Motor 005380.KS and sister automaker Kia 000270.KS lost 1.47% and 0.32%, respectively. Steelmaker POSCO Holdings 005490.KS eased 0.16% and drugmaker Samsung BioLogics 207940.KS rose 0.30%.

** Of the total 928 traded issues, 283 shares advanced, while 593 declined.

** Foreigners were net buyers of shares worth 373.8 billion won ($254.3 million).

** The won was quoted at 1,470.7 per dollar on the onshore settlement platform KRW=KFTC, 0.05% below Tuesday's close of 1,469.9.

** In offshore trading, the won KRW= was flat at 1,470.3 per dollar, while in non-deliverable forward trading its one-month contract KRW1MNDFOR= was quoted at 1,467.6.

** Year-to-date, the KOSPI has risen 72.33%.

** In the money and debt markets, December futures on three-year treasury bonds KTBc1 lost 0.11 point to 105.18.

** The most liquid three-year Korean treasury bond yield KR3YT=RR rose 0.8 basis point to 3.090%, while the benchmark 10-year yield KR10YT=RR fell 3.7 basis points to 3.370%.

($1 = 1,470.1800 won)

(Reporting by Cynthia Kim; Editing by Sumana Nandy)

((Cynthia.Kim@thomsonreuters.com; 822 3704 5655; Reuters Messaging: cynthia.kim.thomsonreuters.com@reuters.net))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10