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Brokerages lead climb as Kospi regains ground
Seoul’s main bourse shot up yesterday to regain the 1,770 mark for the first time since June 22. Institutional investors led the market. The Kospi climbed 27.75 points, or 1.6 percent, to end at 1,771.35. “Heavy institutional buying pulled the mark…
July 03,2007
Overseas concerns bring a drop in markets here
The stock market retreated yesterday due to profit-taking by foreign and individual investors, analysts said. The Kospi fell 8.15 points, or 0.47 percent, to close at 1,743.60. The selling started early in the morning due to concerns about inflati…
June 30,2007
Climbing U.S. markets halt Kospi’s 4-day fall
The Seoul stock market rose yesterday after four days of decline. The Kospi gained 18.65 points, or 1.08 percent, closing at 1,751.75. Technology stocks pulling up the U.S. stock market earlier were a positive factor. Securities and insurance shar…
June 29,2007
Indexes slide for fourth consecutive trading day
Seoul stocks slumped for the fourth consecutive trading session yesterday as investors dumped large-cap shares. The benchmark Kospi shed 16.45 points, or 0.94 percent, to 1,733.10. “Affected by losses in other Asian markets including Japan and Chin…
June 28,2007
Corrections abroad pull Korean markets down
Seoul stock markets plunged for a third straight session yesterday as a series of market corrections in the United States, China and Japan fanned jitters among investors here. The benchmark Kospi tumbled 8.18 points, or 0.5 percent, to close at 1,7…
June 27,2007
Markets slide on fears of a possible correction
Seoul’s main bourse slid yesterday as investors started fretting about the possibility that the market will undergo a correction sooner or later. The Kospi fell 13.25 points, or 0.8 percent, to 1,757.73. “The market, which underwent fluctuations th…
June 26,2007
Institutions take profit, sending Kospi downhill
The main Korean stock market index dipped yesterday after a one-session rebound. The Kospi ended at 1,770.98 after nose-diving 23.26 points, or 1.3 percent. “The main index plunged as institutions took profits from recent gains in large caps,” sai…
June 23,2007
Chipmakers lead rises after Wednesday’s drop
Seoul’s main stock market rebounded yesterday, led by chipmakers, after a sharp one-day loss. The benchmark Kospi closed at 1,794.24, up 10.45 points, or 0.6 percent. The main bourse started weak, after Wall Street sank overnight on concerns about …
June 22,2007
Markets end 4-day rally as foreign investors sell
Korean stock markets ended a four-day rally yesterday as foreign investors sold shares to profit from recent gains, analysts said. The Kospi fluctuated throughout the day but ended at 1,783.79, losing 24.06 points, or 1.3 percent. Stock brokerages…
June 21,2007
Kospi pushes past 1,800 for first time in history
Seoul’s main stock bourse sailed into new territory, reaching above 1,800 points yesterday. The Kospi surged 34.62 points, or 2 percent, to end at 1,806.88 points, bolstered by robust purchases of local institutions and individual investors, who of…
June 19,2007
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