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ANALYSTS PREDICT KOREAN INDEX WILL MOVE BETWEEN 710 AND 760.

AsiaPulse News

| September 02, 2002 | COPYRIGHT 2002 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, Sept 2 Asia Pulse - The Korea Composite Stock Price Index is expected to move in a range of 710 and 760 point next week due to few incentives to push up the market and unstable U.S. stocks, analysts said Saturday.

The main stock index, which opened at 731.82 this week, closed higher at 736.40 Friday, helped by net stock purchases by individual and institutional investors.

The U.S. stocks still showed fluctuations during the week, though analysts feel the worst may be over. The Dow Jones Industrial Average and Nasdaq shed 0.09 and 1.57 per cent, respectively, to 8,663.5 and 1,314.85 Thursday (local time).

In the local market, foreign investors returned to a net- ...

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