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S. KOREAN MANUFACTURERS BULLISH ABOUT Q4 BUSINESS: POLL.
SEOUL, Sept 3 Asia Pulse - A majority of South Korean manufacturing companies have a rosy outlook for their business in the fourth quarter on steadily growing exports, the bullish stock market and hopes for a recovery in private consumption, a poll showed Monday.
The Korea Chamber of Commerce and Industry (KCCI) said its manufacturing business survey index came to 105 for the October-December period, unchanged from the current quarter.
A reading above 100 means that optimists outnumber pessimists. The index is based on a survey of 1,564 manufacturers across the nation.
"A modest pickup in private consumption and the boom in the stock market led to manufacturers' optimistic outlook for the fourth quarter, while the nation's exports are steadily increasing thanks to the won's ...
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Source: HighBeam Research, S. KOREAN MANUFACTURERS BULLISH ABOUT Q4 BUSINESS: POLL.