XM does not provide services to residents of the United States of America.

South Korean stocks rise as investors digest Trump win



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>South Korean stocks rise as investors digest Trump win</title></head><body>

KOSPI rises, foreigners net buyers

Korean won strengthens against US dollar

South Korean benchmark bond yield falls

For the midday report, please click nL1N3ME02L

SEOUL, Nov 7 (Reuters) -Round-up of South Korean financial markets:


** South Korean shares rose on Thursday after the S&P 500 surged overnight as investors positioned for a second Donald Trump presidency.

** The won strengthened, while the benchmark bond yield fell.

** The benchmark KOSPI .KS11 closed up 1.12 points, or 0.04%, at 2,564.63.

** Among index heavyweights, chipmaker Samsung Electronics 005930.KS added 0.35% and peer SK Hynix 000660.KS gained 0.82%, while battery maker LG Energy Solution 373220.KS slid 1.15%.

** Battery maker LG Energy Solution 373220.KS shed 1.15%, after dropping 7% - the biggest daily loss in a year - on Wednesday.

** Asia Pacific Satellite (211270.KQ), which makes satellite communication products, in junior Kosdaq surged 30%

** Trump is seen as less supportive of climate-friendly policies, including EV subsidies, than Kamala Harris, analysts said.

** Hyundai 005380.KS advanced 0.48%, sister automaker Kia 000270.KS lost 1.05%, while Search engine Naver 035420.KS and instant messenger Kakao 035720.KS added 1.93% and was unchanged, respectively.

** South Korean President Yoon Suk Yeol spoke with Trump on Thursday and congratulated him on winning the presidency on the "Make America Great Again" slogan as officials in Seoul worked to prepare for "significant" economic changes.

** Of the total 941 traded issues, 355 shares advanced, while 513 declined.

** Foreigners net bought shares worth 97.6 billion won ($70 million) on the main board.

** The KOSPI has fallen 3.41% so far this year and lost 1.2% in the last 30 trading sessions.

** The won has lost 7.8% against the U.S. dollar so far this year.

** In money and debt markets, December futures on three-year treasury bonds KTBc1 rose 0.12 point to 105.87.

** The most liquid three-year Korean treasury bond yield KR3YT=RR fell by 3.9 basis points to 2.921%, while the benchmark 10-year yield KR10YT=RR fell by 5.3 basis points to 3.100%.


($1 = 1,395.7300 won)



Reporting by Cynthia Kim; Editing by Sumana Nandy

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.