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Stock impact report

S.Korea stocks end 5-day losing streak; heavyweights lead gains [Reuters]

Shinhan Financial Group Co Ltd American Depositary Shares (SHG) 
US:NYSE Investor Relations: shinhangroup.co.kr/en/invest/main.jsp
Company Research Source: Reuters
By Reuters Staff 3 Min Read * KOSPI rises, foreigners net sellers * Korean won strengthens against U.S. dollar * South Korea benchmark bond yield rises * For the midday report, please click SEOUL, May 4 (Reuters) - Round-up of South Korean financial markets: ** South Korean shares ended higher on Tuesday, led by heavyweights and recouping early losses over stock short-selling resumption worries. Both the won and the benchmark bond yield rose. ** The KOSPI ended up 20.17 points, or 0.64%, at 3,147.37, ending a five-day losing streak. It declined as much as 0.56% in early trade to hit its lowest level since April 5. ** Among heavyweights, chip giants Samsung Electronics and SK Hynix rose 1.10% and 0.38%, respectively, while battery maker LG Chem and Hyundai Motor added 1.43% and 2.52%. ** Markets in Japan and mainland China remained closed for public holidays, keeping trading volumes thin across the region. ** South Korea’s financial markets will be closed on Wednesday due to a public Show less Read more
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