South Korean shares slightly down after Fed's expected rate hike
KOSPI falls, foreigners net sellers
Korean won jumps against dollar
South Korea benchmark bond yield flat
SEOUL, March 23 (Reuters) -Round-up of South Korean financial markets:
** South Korean shares fell on Thursday, tracking weakness in Wall Street, but losses were capped as investors found the U.S. Federal Reserve's policy meeting outcome to be in line with their expectations.
** The benchmark KOSPI .KS11 was down 4.22 points, or 0.17%, to 2,412.74 as of 0113 GMT, after opening the session 0.8% lower.
** The Korean won jumped more than 1% against the dollar to hit the strongest level in more than a month, while the benchmark bond yield was flat.
** The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases after the recent collapse of two U.S. banks.
** U.S. Treasury Secretary Janet Yellen said that she had not considered or discussed "blanket insurance" to U.S. banking deposits.
** "If the Fed had held the rates steady, that would have signalled bad health of the banking sector and rather had more negative impact on investor sentiment," said Mirae Asset Securities' analyst Park Kwang-nam.
** Park added the market was falling on Wall Street's overnight weakness, but the Fed meeting outcome was still positive for the stock market in the longer term.
** South Korea's finance minister said on Thursday authorities would keep closely monitoring the markets situation and take stabilisation measures if needed.
** Heavyweight chipmakers Samsung Electronics 005930.KS and SK Hynix 000660.KS recovered early losses to turn higher, while battery maker LG Energy Solution 373220.KS was only marginally down by 0.17%.
** Of the total 927 issues traded, 198 shares rose.
** Foreigners were net sellers of shares worth 5.9 billion won ($4.6 million).
** The won strengthened as much as 1.24% to 1,291.7 per dollar on the onshore settlement platform KRW=KFTC, hitting the highest level since Feb. 17.
** The most liquid three-year Korean treasury bond yield fell by 2.3 basis points to 3.267%, while the benchmark 10-year yield rose by 0.4 basis point to 3.299%.
($1 = 1,292.1300 won)
Reporting by Jihoon Lee; Editing by Varun H K
Pinakabagong Balita
Disclaimer: Ang mga kabilang sa XM Group ay nagbibigay lang ng serbisyo sa pagpapatupad at pag-access sa aming Online Trading Facility, kung saan pinapahintulutan nito ang pagtingin at/o paggamit sa nilalaman na makikita sa website o sa pamamagitan nito, at walang layuning palitan o palawigin ito, at hindi din ito papalitan o papalawigin. Ang naturang pag-access at paggamit ay palaging alinsunod sa: (i) Mga Tuntunin at Kundisyon; (ii) Mga Babala sa Risk; at (iii) Kabuuang Disclaimer. Kaya naman ang naturang nilalaman ay ituturing na pangkalahatang impormasyon lamang. Mangyaring isaalang-alang na ang mga nilalaman ng aming Online Trading Facility ay hindi paglikom, o alok, para magsagawa ng anumang transaksyon sa mga pinansyal na market. Ang pag-trade sa alinmang pinansyal na market ay nagtataglay ng mataas na lebel ng risk sa iyong kapital.
Lahat ng materyales na nakalathala sa aming Online Trading Facility ay nakalaan para sa layuning edukasyonal/pang-impormasyon lamang at hindi naglalaman – at hindi dapat ituring bilang naglalaman – ng payo at rekomendasyon na pangpinansyal, tungkol sa buwis sa pag-i-invest, o pang-trade, o tala ng aming presyo sa pag-trade, o alok para sa, o paglikom ng, transaksyon sa alinmang pinansyal na instrument o hindi ginustong pinansyal na promosyon.
Sa anumang nilalaman na galing sa ikatlong partido, pati na ang mga nilalaman na inihanda ng XM, ang mga naturang opinyon, balita, pananaliksik, pag-analisa, presyo, ibang impormasyon o link sa ibang mga site na makikita sa website na ito ay ibibigay tulad ng nandoon, bilang pangkalahatang komentaryo sa market at hindi ito nagtataglay ng payo sa pag-i-invest. Kung ang alinmang nilalaman nito ay itinuring bilang pananaliksik sa pag-i-invest, kailangan mong isaalang-alang at tanggapin na hindi ito inilaan at inihanda alinsunod sa mga legal na pangangailangan na idinisenyo para maisulong ang pagsasarili ng pananaliksik sa pag-i-invest, at dahil dito ituturing ito na komunikasyon sa marketing sa ilalim ng mga kaugnay na batas at regulasyon. Mangyaring siguruhin na nabasa at naintindihan mo ang aming Notipikasyon sa Hindi Independyenteng Pananaliksik sa Pag-i-invest at Babala sa Risk na may kinalaman sa impormasyong nakalagay sa itaas, na maa-access dito.
