Articles by 정민경
정민경
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Seoul shares open higher on Sept. 8
[THE INVESTOR] South Korean stocks opened higher on Sept. 8 on speculation that an interest rate hike in the US may be delayed.The benchmark KOSPI rose 7.4 points, or 0.36 percent, to 2,069.28 in the first 15 minutes of trading. US stocks closed mixed on Sept. 7, with the tech-laden NASDAQ Composite reaching a new record high, while the Dow Jones industrial average edged down. Most large caps traded mixed with market kingpin Samsung Electronics rising 0.49 percent.Top automaker Hyundai Motor sh
Sept. 8, 2016
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Seoul shares slip from year’s highs on profit-taking
[THE INVESTOR] South Korean stocks shed 0.23 percent paring earlier gains, as investors sought to lock in recent gains, analysts said. The Korean won rose sharply against the US dollar.The benchmark KOSPI fell 4.65 points to close at 2,061.88. Trade volume was moderate at 678 million shares worth 4.98 trillion won (US$4.57 billion), with losers outnumbering gainers 494 to 304.The local stock market opened higher as weaker than expected economic data reduced the chance of the US Federal Reserve b
Sept. 7, 2016
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Seoul shares up in late morning trading
[THE INVESTOR] South Korean shares advanced late morning on Sept. 7, as weaker than expected economic data in the US diminished the chance of an imminent rate hike.The benchmark KOSPI rose 6.81 points, or 0.33 percent, to 2,073.34 as of 11:20 a.m.US stocks rose slightly on Sept. 6, with the tech-laden NASDAQ Composite reaching a record high, as latest economic data cemented views that the Fed may hold off its much-awaited decision.Samsung Electronics rose 0.43 percent, and major chipmaker SK hyn
Sept. 7, 2016
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Seoul shares open higher on Wall Street gains
[THE INVESTOR] South Korean stocks opened slightly higher on Sept.7, on overnight gains in Wall Street.The benchmark KOSPI rose 3.36 points, or 0.16 percent, to 2,069.89 in the first 15 minutes of trading. US stocks rose slightly on Sept. 6, with the tech-laden NASDAQ Composite reaching a record high, as economic data cemented views that the Fed may hold off its much-awaited decision.Most large caps traded mixed with market kingpin Samsung Electronics rising 0.24 percent.Top automaker Hyundai Mo
Sept. 7, 2016
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Seoul shares hit year’s new highs
[THE INVESTOR] South Korean stocks advanced 0.31 percent to hit this year’s new highs on Sept. 6. The Korean won fell slightly against the US dollar.The benchmark KOSPI added 6.45 points to close at 2,066.53. Trade volume was moderate at 457 million shares worth 4.03 trillion won (US$3.65 billion), with losers outnumbering gainers 450 to 332.“The prospect of an imminent rate hike in the US is weakening, and the local stock market is likely to be stuck in a narrow range for the time being,” said
Sept. 6, 2016
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Seoul shares flat in late morning trading
[THE INVESTOR] South Korean stocks remained almost flat late morning on Sept. 6, as investors took to the sidelines after the US stock market was closed for a holiday the day before.The benchmark KOSPI rose 0.29 point, or 0.01 percent, to 2,060.37 as of 11:20 a.m.Top market cap Samsung Electronics rose 0.75 percent, and major chipmaker SK hynix was up 0.53 percent.Naver, the country’s top portal operator, advanced 0.35 percent.Hyundai Motor, the country’s top automaker, shed 0.36 percent and its
Sept. 6, 2016
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Seoul shares open lower on Sept. 6
[THE INVESTOR] South Korean stocks opened slightly lower on Sept. 6, as investors attempted to lock in recent gains.The benchmark KOSPI shed 0.27 point, or 0.01 percent, to 2,058.89 in the first 15 minutes of trading. The KOSPI hit a 14-month high on Sept. 5 on eased concerns over an imminent rate hike in the United States. Most large caps traded mixed with market kingpin Samsung Electronics rising 0.19 percent. 123rfTop automaker Hyundai Motor shed 0.36 percent, and top steelmaker POSCO fell 0.
Sept. 6, 2016
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Hensheng to pay annual cash dividend in December
[DISCLOSURE] Hengsheng (900270) said on Sept. 5 that it plans to pay 15 percent of this year’s net profit as cash dividends for 2016 fiscal year. The base date will be Dec. 31. By Jung Min-kyung (mkj1105@heraldcorp.com)
Sept. 5, 2016
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Seoul shares up in late morning trading
[THE INVESTOR] South Korean stocks advanced late morning on Sept. 5, led by gains in techs and autos, on eased concerns over an imminent rate hike in the United States.The benchmark KOSPI rose 18.58 points, or 0.91 percent, to 2,056.89 as of 11:20 a.m.Data by the US Labor Department showed that US payrolls climbed by 151,000 last month following a 275,000 gain in July, lower than an expected addition of some 180,000 jobs, sapping speculations that the US Fed may raise its interest rates soon any
Sept. 5, 2016
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Seoul shares open higher on Sept. 5
[THE INVESTOR] South Korean shares got off to a strong start on Sept. 5 on speculation that the US Federal Reserve may delay its much-awaited rate hike.The benchmark KOSPI advanced 15.97 points, or 0.78 percent, to 2,054.28 in the first 15 minutes of trading. US stocks ended higher on Sept. 2 after weaker than expected job data for August eased concerns over an imminent rate hike in the world‘s largest economy.Most large caps traded mixed with market kingpin Samsung Electronics rising 0.13 perce
Sept. 5, 2016
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Seoul shares rise on foreign buying
[THE INVESTOR] South Korean stocks ended marginally higher on Sept. 2, helped by foreigners’ buying, hours before the release of key US jobs data. The local currency rose against the US dollar.The benchmark KOSPI edged up 5.59 points, or 0.28 percent, to 2,038.31. Trade volume came to 340.27 million shares worth 3.88 trillion won (US$3.48 billion), with advancers outnumbering decliners 497 to 323.Foreigners net-purchased 217.3 billion won worth of stocks, while institutions and individuals sold
Sept. 2, 2016
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Seoul shares nearly flat in morning trading
[THE INVESTOR] South Korean stocks were almost flat late morning on Sept. 2.The benchmark KOSPI slipped 0.93 point, or 0.05 percent, to 2,031.79 as of 11:20 a.m.Institutions offloaded shares, while foreigners and individuals were net-buyers.This week, the KOSPI already declined for the two consecutive days amid uncertainty over the timing of the US interest-rate hike.Traders will closely watch the US payrolls report for August to be issued at night (Seoul time) for clues to the Fed’s decision in
Sept. 2, 2016
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Seoul shares open higher on Sept. 2
[THE INVESTOR] South Korean stocks started higher on Sept. 2 in the wake of a two-session losing streak.The benchmark KOSPI rose 2.85 points, or 0.14 percent, to 2,035.57 in the first 15 minutes of trading.The upswing came after the KOSPI declined for the two consecutive days amid uncertainty over the timing of the US interest-rate hike. Traders will closely watch the key US jobs data for August to be released on Sept. 2 (local time).Large caps started mixed. Market bellwether Samsung Electronic
Sept. 2, 2016
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Seoul shares end lower on foreign sell-offs
[THE INVESTOR]South Korean stocks closed marginally lower on Sept. 1, as foreigners offloaded shares. The local currency fell against the US dollar.The benchmark KOSPI shed 1.93 points, or 0.09 percent, to 2,032.72. Trade volume came to 297.42 million shares worth 4.31 trillion won (US$3.80 billion), with advancers outnumbering decliners 481 to 324.Foreigners net-sold 139.8 billion won worth of stocks, while individuals and institutions bought a net 97.5 billion won and 39.1 billion won worth of
Sept. 1, 2016
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Seoul shares down in early morning trading
[THE INVESTOR] South Korean stocks edged down late morning on Sept. 1, as both foreigners and institutions offloaded shares a day before the release of key US job data.The benchmark KOSPI dropped 9.14 points, or 0.45 percent, to 2,025.51 as of 11:20 a.m.Individuals were scooping up stocks, while foreigners and institutional traders were net sellers.The market is awaiting the US employment data for August to be issued on Sept. 2 for a further hint of how soon the Federal Reserve will raise the ke
Sept. 1, 2016
