South Korea's Kospi Falls 0.3%, Dragged by Defense, Auto Stocks -- Market Talk

Dow Jones03-28

0650 GMT - South Korea's benchmark Kospi fell 0.3% to close at 2745.82, dragged by defense and auto stocks. Institutional investors were net sellers, with some booking profits after recent gains. Armored vehicle and howitzer maker Hanwha Aerospace fell 7.0%, snapping an eight-session winning streak. Car maker Hyundai Motor retreated 2.9% after advancing for two straight days. Meanwhile, chip-packaging equipment supplier Hanmi Semiconductor jumped 17% after media reports of a possible supply deal with Micron Technology. USD/KRW settled 0.2% lower at 1,346.20 in Seoul onshore trading. The benchmark 10-year government bond yield was last up 1.1 bps at 3.384%. (kwanwoo.jun@wsj.com)

(END) Dow Jones Newswires

March 28, 2024 02:50 ET (06:50 GMT)

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Institutional investors were net sellers, with some booking profits after recent gains. ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1267930813.SGD","symbol_name":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2422369891","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2422369891","pubTimestamp":1711608600,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0650 GMT - South Korea's benchmark Kospi fell 0.3% to close at 2745.82, dragged by defense and auto stocks. 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