0655 GMT - South Korea's benchmark Kospi edged up 0.1% to close at 2471.95, led by energy and shipbuilding stocks. Institutional investors were net buyers. Oil refiners SK Innovation and S-Oil rose 10% and 5.8%, respectively, as benchmark crude oil futures were higher in Asian trade on supply outage concerns and geopolitical risks. Shipbuilder HD Hyundai Mipo gained 6.6% and its intermediate holding company HD Korea Shipbuilding & Offshore Engineering added 2.5%. Meanwhile, index heavyweight Samsung Electronics fell 0.7%, reversing early gains. USD/KRW settled 0.3% lower at 1,390.90 in Seoul onshore trading. The South Korean 10-year government bond yield was down 1.8 bps at 3.045%. (kwanwoo.jun@wsj.com)
(END) Dow Jones Newswires
November 19, 2024 01:55 ET (06:55 GMT)
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