중앙데일리

Despite a U.S. rebound, Kospi down for the day

The Seoul stock market retreated marginally yesterday after a series of ups and downs. The main index closed at 1,884.90, down 3.91 points or 0.21 percent. The Kospi opened 2.21 points, or 0.12 percent, lower than the previous day’s close despite n…

Sept 08,2007
Markets break free from U.S. troubles, gain 1.2%

Seoul’s main stock market gained yesterday, ending a two-day decline. The benchmark Kospi closed at 1,888.81, up 23.22 points, or 1.2 percent. The market started the day weak, after Wall Street ended lower on concerns about a credit crisis triggered…

Sept 07,2007
Local market slides on eve of U.S. data release

Seoul stock markets stumbled for a second-straight day on heavy program selling as investors hold their breath a day before the U.S. government announces major economic data, including the jobless rate. The benchmark Kospi declined 9.15 points, or 0.…

Sept 06,2007
China, U.S. jitters stall Korean market’s climb

The Korean stock market, gradually recuperating from last month’s plunge, declined yesterday. The benchmark Kospi index closed at 1,874.74 after inching down 7.07 points, or 0.4 percent. The drop reflects pessimism over August reports of U.S. econ…

Sept 05,2007
Steel, shipbuilders lead 3rd-consecutive up day

Seoul stock markets rose for the third-straight day, bolstered by sharp rises in shipbuilding and steel shares. The benchmark Kospi rose 8.57 points, or 0.5 percent, to close at 1,881.81. Market bellwether Samsung Electronics slid 2.5 percent to clo…

Sept 04,2007
Markets celebrate hope of big subprime bailout

Seoul’s stock markets have risen for two straight days as expectations mount that U.S. President George W. Bush will introduce measures to ease the fallout from the subprime mortgage crisis. The benchmark Kospi surged 31.54 points, or 1.7 percent…

Sept 01,2007
U.S. market rallies, and the Kospi follows suit

The local stock market rebounded yesterday due to a strong rally in the U.S. market. The benchmark Kospi index gained 15.51 points, or 0.9 percent, to finish at 1,841.70. On Wednesday, U.S. time, the Dow Jones industrial average surged 247.44 point…

Aug 31,2007
Following U.S., markets slide on news from Fed

The Korean stock market slid yesterday following a plunge on Wall Street that reflected the Federal Reserve’s indecisiveness about reining in U.S. mortgage woes. The main Kospi index declined 3.12 points, or 0.2 percent, closing at 1,826.19. “The…

Aug 30,2007
Market continues climb out of subprime trough

Korea’s main stock market continued to run in the black for a second consecutive day yesterday, signaling concern here over a credit crunch triggered by the U.S. housing loan market is ebbing. The Kospi index finished at 1,829.31 after gaining 26.28…

Aug 29,2007
Kospi breaks four-day streak, falls 8.39 points

Korea’s main bourse edged down yesterday, burdened by a four-day winning streak. The benchmark Kospi closed at 1,791.33, down 8.39 points, or 0.5 percent. “Investors seemed to be feeling burdened by recent rallies in which the index rose nearly 10 …

Aug 25,2007

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