South Korean shares log fourth weekly gain

SEOUL, Nov 24 (Reuters) – Round-up of South Korean financial markets: ** South Korean shares fell on Friday with the Thursday holiday in the U.S. offering little guidance, but they logged a fourth weekly gain thanks to hopes of the Federal Reserve ending its monetary tightening soon and easing fears over the Middle East conflict. The won weakened, while the benchmark bond yield rose. ** The benchmark KOSPI closed down 18.33 points, or 0.73%, at 2,496.63. ** Among index heavyweights, chipmaker Samsung Electronics fell 0.97% and peer SK Hynix lost 1.61%, while battery maker LG Energy Solution slid 1.34%. ** The Kospi is taking a breather after a rally in recent weeks and market participants are looking forward to data…

Source: Market Screener
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