SEOUL : Round-up of South Korean financial markets:** South Korean shares declined on Wednesday after the nation's president declared martial law and then rescinded it hours later in the biggest political crisis in decades in Asia's fourth-largest economy.
Battery maker LG Energy Solution slid 2.02 per cent.** South Korea's President Yoon Suk Yeol on Wednesday said he would lift the surprise martial law declaration he had imposed just hours before, backing down in a standoff with parliament which roundly rejected his attempt to ban political activity and censor the media.** The finance ministry said it was ready to deploy "unlimited" liquidity into financial markets in the wake of the political crisis that sent the won diving to multi-year lows.** Hyundai slipped 2.56 per cent, while sister automaker Kia gained 0.10 per cent.
Search engine Naver lost 3.11 per cent, while instant messenger Kakao jumped 8.50 per cent.** Of the total 938 traded issues, 176 advanced and 737 declined.** Foreigners net sold shares worth 408.8 billion won ($290 million) on the main board.** The KOSPI has fallen 7.20 per cent so far this year, losing 2.7 per cent in the previous 30 trading sessions.** The won has lost 8.7 per cent against the U.S.dollar so far this year.** In money and debt markets, December futures on three-year treasury bonds fell 0.08 point to 106.79.** The most liquid three-year Korean treasury bond yield rose 3.2 basis points to 2.621 per cent, while the benchmark 10-year yield added 5.3 basis points to 2.759 per cent.
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