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STOCKS - SEOUL SHARES RISE IN MORNING TRADE - MAY 3, 2006.
SEOUL, May 3 Asia Pulse - South Korean stocks rose Wednesday morning due to rallies in U.S. stocks and buying of tech and financial shares by foreign investors.
The benchmark Korea Composite Stock Price Index (KOSPI) gained 14.89 points, or 1.03 per cent, to 1,449.79 as of 11:20 a.m.
The 100-share, blue-chip KRX 100 gained 29.72 points, or 0.99 per cent, to 3,019.95, and the tech-rich KOSDAQ index added 6.21 points, or 0.90 per cent, to 694.05.
"The main bourse continued to rise for a second straight session, as investor sentiment was buoyed by gains in U.S. stocks and foreign buying of tech and financial shares," said Kim Jung-hyun, an analyst at Goodmorning Shinhan Securities Co.
U.S. stocks closed higher Tuesday, with the Dow Jones industrial average rising 0.64 per cent and the tech-laced NASDAQ composite index adding 0.22 per cent.
South Korea's second-largest shipping firm ...
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...Motor surged 5.58 percent, while Kia Motors rose 4.59 percent. Analysts said the tech-laden KOSDAQ gained ground on foreign buying valued at 8.3 billion won. Advancing stocks led losing issues 574 to 234, with 77 closing unchanged. yskwak@yna...
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Seoul, Aug. 1 (Yonhap) -- South Korean stocks gained on strong foreign buying spurred by a bullish Wall Street Friday, with...92 percent and 2.84 percent each. Strong foreign buying also boosted the tech-heavy KOSDAQ, market...
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SEOUL, Jan. 26 (Yonhap) -- South Korean stocks rose thanks to foreign buying Monday after the conclusion of the Lunar New Year holiday period. The Korea Composite Stock Price Index (KOSPI), the barometer...
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SEOUL, July 28 (Yonhap) -- South Korean stocks finished higher Wednesday on foreign buying, analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 744.42, up 5.91 points, or 0.80 percent...
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...Yonhap) -- South Korean stocks traded...afternoon as foreign buying kept the market...565.28. "Foreign buying helped the market...Bank rose on foreign buying, but the second...Steel Mill. The South Korean currency was...
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...SEOUL, Feb. 10 (Yonhap) -- South Korean stocks crept up Friday afternoon on foreign buying, despite program selling by domestic...investors sold their shares. The South Korean currency was fetching 971.10...
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...SEOUL, Oct. 10 (Yonhap) -- South Korean stocks gained ground Tuesday afternoon as foreign buying sent steel and banks shares higher...higher on institutional buying. The South Korean currency was trading at 959.70...