AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
(From Asia Pulse)
SEOUL, Nov 18 Asia Pulse - South Korean stocks settled higher Tuesday with the price index of the main bourse rising 0.82 per cent on strong program and retail buying.
The benchmark Korea Composite Stock Price Index closed up 6.50 points at 800.97, while the barometer of the tech-laced KOSDAQ rose 0.71 point, or 1.54 per cent, to 47.51.
Market watchers said the main board rose for the first time in three sessions on massive program and individual investor buying, despite terror threats by the al-Qaida network.
"Tuesday's rise can be seen as a technical rebound stemming from a short-term tumble in stock prices," said Oh Hyun-seok, an analyst at Samsung Securities Co. "However, investor confidence in an additional rise remains weak."