0126 GMT - South Korea's benchmark Kospi is up 0.7% to 2432.77 in early trade, as battery and shipbuilding stocks advance. Retail and institutional investors are net buyers. Battery maker LG Energy Solution rises 1.3% following a new energy-storage-system supply deal with U.S. renewable energy company Terra-Gen. Shipbuilder Hanwha Ocean gains 3.6%. The won's weakness against the U.S. dollar is easing after South Korea's finance minister warned against excessive volatility in the pair's trading. USD/KRW is flat at 1,406.15, compared with the prior session's Seoul onshore trading. The South Korean 10-year government bond yield is up 5.3 bps to 3.067%. (kwanwoo.jun@wsj.com)
(END) Dow Jones Newswires
November 13, 2024 20:26 ET (01:26 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.