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South Korean stocks rebound with Wall Street as bond yields rise

NewsFeeds update

South Korean shares rose, ending a three-day decline, tracking a US tech rebound as falling oil prices eased inflation worries, with Samsung Electronics up over 4% and SK Hynix over 5%. Foreign investors bought about KRW 136.2bn of shares, while the three-year government bond yield rose 1.9 basis points to 3.653%.

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The story so far: KOSPI session gains

South Korea's KOSPI rebounded from a three-day decline on 10 November, closing up 4.39% at 5,239.13, helped by Samsung Electronics and SK Hynix, then rose 2.6% on 11 November to 5,375.36. On 13 November it opened up 2.05%, with SK Hynix and Samsung Electronics each gaining more than 3%.

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  1. South Korean stocks rebound with Wall Street as bond yields rise

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