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Stock impact report

S.Korea stocks rebound ahead of U.S. inflation data [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
SEOUL, June 10 (Reuters) - Round-up of South Korean financial markets: ** South Korean shares rebounded on Thursday as investors waited for clearer signals on inflation ahead of U.S. data due later in the day. The won strengthened, while the benchmark bond yield fell. ** The benchmark KOSPI rose 8.45 points, or 0.26%, to 3,224.63 as of 0157 GMT, bouncing back from a near 1% fall on Wednesday. ** Leading the benchmark, internet giant Naver and mobile messenger operator Kakao jumped 4.74% and 4.26%, respectively. Among other heavyweights, technology giant Samsung Electronics edged up 0.12%, while peer SK Hynix fell 0.82%. ** Foreigners were net sellers of 95.6 billion won ($85.79 million) worth of shares on the main board. ** The U.S. Labor Department's consumer price index report due later on Thursday will give more cues on inflation and the Federal Reserve's steer on monetary policy. ** "(U.S.) Inflation pressures are seen easing ... Investors Show less Read more
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