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2026-04-09 11:18:08
[South Korean Stocks Fall Over 1% Amid Doubts Over Middle East Ceasefire Prospects] (1) Affected by Israel's attack on Lebanon, which violated the Middle East ceasefire agreement, the market is concerned that energy supplies will not be able to recover quickly. The Korea Composite Stock Price Index (KOSPI) fell 1.26% on Thursday to 5798.24 points. (2) Among the heavyweight stocks, Samsung Electronics fell 2.97%, and SK Hynix fell 3.00%; battery manufacturers LG New Energy rose 3.69%, and LG Chem rose 4.35%. Foreign investors net sold 415.169 billion won in the KOSPI. (3) The won fell 0.16% against the US dollar to 1,481.5; the yield on three-year government bonds rose to 3.345%, and the yield on 10-year bonds rose to 3.658%. The South Korean government will announce follow-up measures on the fuel wholesale price ceiling that evening to deal with energy inflation.
