[THE INVESTOR] South Korean stocks inched up late morning on Oct. 27, supported by gains in tech and cosmetics sectors. The benchmark KOSPI increased 4.73 points, or 0.23 percent, to 2,018.62 as of 11:20 a.m.Top market cap Samsung Electronics rose 2.04 on speculation that its earnings may improve down the road. Earlier in the day, the tech giant reported its third-quarter operating profit slid 29.6 percent from a year earlier, mainly hit by Galaxy Note 7 smartphone’s production halt over safety

Oct. 27, 2016

[THE INVESTOR] South Korean shares opened higher on Oct. 27, amid investors eyeing oversold shares.The benchmark KOSPI rose 6.93 points, or 0.34 percent, to 2,020.82 in the first 15 minutes of trading. Most large caps traded mixed with market kingpin Samsung Electronics rising 0.38 percent. Samsung C&T, Samsung’s de facto holding firm, lost 0.9 percent.Top automaker Hyundai Motor rose 0.36 percent, and SK hynix was up 0.58 percent on its better-than-expected third-quarter earnings.Naver, the ope

Oct. 27, 2016

[THE INVESTOR] South Korean stocks ended lower on Oct. 26, amid a drop in global oil prices. The Korean won rose against the US dollar.The benchmark KOSPI fell 23.28 points to close at 2,013.89. Trade volume was moderate at 388 million shares worth 4.56 trillion won (US$4.02 billion), with losers outnumbering gainers 643 to 194.An overnight fall in global oil prices weighed down the local stock market. Samsung Group affiliates and financials led the overall market decline, while some tech stocks

Oct. 26, 2016

[THE INVESTOR] South Korean stocks fell slightly late morning on Oct. 26, as tech sector suffered a loss. The benchmark KOSPI shed 26.56 points, or 1.3 percent, to 2,010.61 as of 11:20 a.m.Top market cap Samsung Electronics fell 1.88 percent, and major chipmaker SK hynix jumped 2.68 percent.KB Financial suffered 2.85 percent, while Shinhan Financial retreated 2.94 percent.Cosmetics makers rebounded from their deep trough seen in the previous session. AmorePacific, the No.1 player, advanced 3.04

Oct. 26, 2016

[THE INVESTOR] South Korean stocks dipped 0.5 percent on Oct. 25, as investors decided to sell off shares. The Korean won fell against the US greenback.The benchmark KOSPI fell 10.57 points to close at 2,037.17. Trade volume was moderate at 294 million shares worth 4.82 trillion won (US$4.25 billion), with losers outnumbering gainers 583 to 232.Top market cap Samsung Electronics shed 0.68 percent to end at 1,597,000 won, and No. 2 market cap Korea Electric Power Corp. fell 0.68 percent to end at

Oct. 25, 2016

[THE INVESTOR] South Korean stocks hiked 0.73 percent on Oct. 24, as investors purchased Samsung affiliates’ shares based on its plans to change its governance structure. The Korean won fell against the US greenback.The benchmark KOSPI advanced 14.74 points to close at 2,047.74. Trade volume was moderate at 248 million shares worth 3.44 trillion won (US$3.04 billion), with losers outnumbering gainers 429 to 386.South Korean stocks opened higher on gains in market heavyweights such as Samsung Ele

Oct. 24, 2016

[THE INVESTOR] South Korea’s terms of trade recovered on-year in September amid bigger falls in import prices compared to losses in export prices, central bank data showed Oct. 24.The terms of trade index for products came to 101.74 last month, up 0.2 percent from a year earlier, according to preliminary data from the Bank of Korea.The index measures the amount of imports a country can purchase for each unit of exports, showing how the country’s exports are doing in comparison with those of othe

Oct. 24, 2016

[THE INVESTOR]  South Korea will host an international information, communications and technology conference this week, the Science Ministry said Oct. 24.The ICT Prospect Conference 2017, hosted by the ministry, will be held in Seoul on Oct 25-26, officials said. The country has been pushing forward with various projects to secure a new growth strategy to cope with the fast-paced industrial transformation, dubbed the “fourth industrial revolution” and characterized by a fusion of cutting-edge te

Oct. 24, 2016

[THE INVESTOR] South Korean stocks opened higher on Oct. 24, amid an improvement in Samsung stocks. The benchmark KOSPI rose 9.68 points, or 0.48 percent, to 2,042.68 in the first 15 minutes of trading. Most large caps traded mixed with market kingpin Samsung Electronics adding 0.94 percent.Samsung C&T, Samsung’s de facto holding firm, gained 1.56 percent.Top automaker Hyundai Motor advanced 0.1 percent, and top steelmaker POSCO remained flat.Naver, the operator of the country’s top internet por

Oct. 24, 2016