Kospi Ends Flat After 8-Day Losing Streak as Inflation Hopes Lift Market but Battery Stocks Weigh
• Kospi index closes nearly flat, up just 0.04%, after 8 straight sessions of losses • Cooler US inflation data buoys hopes for Fed rate cuts, but battery stocks weigh down Kospi • LG Energy Solution, Samsung SDI, and Posco Futures Materials shares fall 2-3% • Won currency falls against US dollar • Bond prices rise as yields on 3-year and 10-year Korean bonds drop