* KOSPI Rises, foreigners’ net sellers * Korean win reinforced against dollar * South Korea benchmark Falls SEOUL, -Interpretation of South Korean financial markets: ** Southern Korean shares have risen to their highest levels since September 2021, led by gains in car manufacturers on demand -optimism. The win reinforced, while the yields of the benchmark dropped. ** The criterion Kospi added 12.43 points, or 0.4%, to 3,116.07 from 0129 GMT, and built on its almost 3% gains on Tuesday. ** Hyundai car and sister car manufacturer Kia increased by 5.34% and 4.75% respectively and the benchmark index rose higher. ** US confidence in the consumer unexpectedly deteriorated in June because households are increasingly concerned about the availability of work. However, the purchase plans for cars have been steady since December 2024. ** South Korea’s car exports increased by 9.2% in the first 20 days of June, the data showed earlier this week. ** Samsung Electronics rose 0.17% in the index, among other things, and Peer Sk Hynix rose by 2.87%. Battery Maker LG Energy Solution lost 0.67%. ** Steelmaker Posco Holdings added 2.09%, while drugmaker Samsung Biologics fell 0.1%. ** Of the total 934 traded expenses, 466 advanced and 418 decreased. ** Foreigners were won net sellers of 218.2 billion. ** The won was quoted at 1,358,1 per dollar at the onland settlement platform, 0.24% higher than Tuesday’s closure of 1,361,4. ** In money and debt markets, the futures contracts achieved 0.05 points to 107.22 in September at three-year treasury bonds. ** The most liquid three-year Korean Treasury yield dropped by 0.8 base point to 2.448%, while the yield of 10 years dumped 1.6 basis points to 2.814%. This article was generated from an automated news agency feed without edits to text.
Car manufacturers increase South Korean stocks higher | Einsmark news
