저작물명

Market Activity for September 4

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저작자 미상 (저작물 2267374 건)

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공표년도

창작년도

2006-09-04

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요약정보

Taking a look at today's market conditions. Shares in Seoul finished higher on tech and auto stocks.
For details‚ here's Eugene Song from Korea Investment and Securities.
South Korean stocks managed to close slightly higher but off the day's high as late profit-taking trimmed most of the early gains.
Wall Street's Friday gains and a pullback in oil prices boosted initial sentiment‚ sending the index above 1‚365 at one stage‚ but the market soon lost momentum. Large cap IT‚ bank and telecoms turned higher.
The KOSPI index closed up 2.39 points or 0.18 percent at 1‚359.06 at the 3 PM close in Seoul.
The KOSDAQ closed up 9.04 points or 1.56 percent at 586.77.
The KOSPI index posted a new three-month high after U.S. economic reports eased concerns that interest-rate increases would lead to a slump in the world's No. 1 economy.
Samsung Electronics added 3‚000 won or 0.5 percent to close at 656‚000.
Hyundai Motor rose 800 won‚ or one percent‚ to 83‚000.
The company said yesterday it received a 227 million dollar order from Iran for 13‚450 vehicles and may win another order from the nation next year for about 8‚500 vehicles.
KT Corp.‚ Korea's largest telecommunications company‚ had the outlook on its long-term foreign-currency debt rating raised to positive from stable by a ratings company.
KT stock closed up 0.36 percent to 42‚000 won on the news.
This is Eugene Song from Korea Investment and Securities. Reporter : koola@arirang.co.kr

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