July 8, 2024

Seoul shares end 3-day winning streak on profit-taking

Seoul shares closed lower to snap their three-day rise Monday as investors moved to lock in profits. The local currency fell against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) fell 4.47 points, or 0.16 percent, to 2,857…

S. Korean Bond Yields on morning of July 8, 2024

[as of 11:30 am]

Today (%) Previous Session(%) Change (BP)

1-year TB 3.209 3.216 -0.7

2-year TB 3.149 3.161 -1.2

3-year TB 3.114 3.115 -0.1

10-year TB 3.210 3.227 -1.7

2-year MSB 3.125 3.139 -1.4

3-year CB (AA-) 3.574 3.582 -0.8

Source: Yonh…