South Korean stocks rise by 1% as Trump delayed EU tariffs, the battery manufacturers rebel

* KOSPI Rises, Foreigners’ Net Buyers * Korean win reinforced against dollar * South Korea benchmarking yield flat Seoul, -Round -Up of South Korean financial markets: ** Southern Korean shares on Monday, led by battery makers, as risk appetite improved after US To delay European Union. ** The criterion Kospi was 26.97 points, or 1.04%, at 2,619.06, from 0217 GMT. ** Trump on Sunday supported, supported his threat to speed up 50% tariffs on EU imports to extend its trade talks deadline until July 9 after the EU executive chief said the block needed more time to “achieve a good deal”. ** South Korean presidential forerunner Lee Jae-Myung said the deadline on Sunday to reach an agreement with the US on President Donald Trump’s rates to be reconsidered to find a mutually beneficial agreement between the two allies. ** Among index -heavyweights fell down 0.09% of Samsung Electronics after Trump said a 25% tariff he planned to impose Apple would also apply to the South Korean smartphone manufacturer and others. ** Battery Manufacturer LG Energy Solution climbed 2.8%, while peer Samsung SDI jumped 3.5%, in a setback after sharp losses last week on Trump’s tax solution, which includes cancellations of tax credits for electric vehicles. ** The shares of the Hyundai car and sister car manufacturer Kia Corp rose 0.89% respectively and up 0.11% respectively. Steelmaker Posco Holdings added 2.14%, while drugmaker Samsung Biologics fell 0.10%. ** Of the total 935 traded expenses, 570 shares advanced, while 323 fell. ** Foreigners were won net buyers of 121.1 billion stocks. ** The won was quoted at 1,362,0 per dollar at the onland settlement platform, 0.33% higher than its previous closure at 1.366,5. ** The most liquid three-year Korean Treasury yield dropped by 1.8 basis points to 2.324%, while the return from 10 years fell by 0.8 base to 2.747%. This article was generated from an automated news agency feed without edits to text.