South Korean shares rise as auto, battery makers offset chipmaker losses
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South Korean shares rose for the second consecutive session, with the KOSPI up 0.45% at 5,311.71, driven by gains in auto and battery sectors despite losses in chipmakers like Samsung Electronics and SK Hynix. Hyundai Motor and Kia Corp saw increases of 2.24% and 1.10%, respectively, while LG Energy Solution and Samsung SDI also posted gains. Foreign investors were net sellers, and the Korean won weakened against the dollar. Bond yields rose in the money and debt markets.
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