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SEOUL STOCKS PROJECTED TO FLUCTUATE AROUND 630-POINT MARK.

AsiaPulse News

| June 02, 2003 | COPYRIGHT 2003 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, June 2 Asia Pulse - South Korean's main bourse is predicted to fluctuate around the 630-point mark this week, analysts said Saturday, adding that while the market could reach beyond that level, program selling is likely to burden the benchmark bourse.

The Korea Composite Stock Price Index (KOSPI), the barometer of the Korea Stock Exchange, closed Friday at 633.42, up 3.58 percent from a week earlier. The growth was mainly due to foreign buying.

The experts forecast that foreign investors will help the KOSPI rise as Wall Street is ...

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