Search Old News

Seoul shares rise 1.3 pct;chips gain, Hyundai down

Tuesday, March 2, 2010
SEOUL, March 2 - Seoul shares advanced 1.3 percent on Tuesday after a long weekend, led by memory chip makers and select construction firms, while foreign investors turned net buyers after gains in U.S. shares.
The Korea Composite Stock Price Index <.KS11> ended up 1.29 percent at 1,615.12 points. Samsung Electronics <005930.KS> rose 3.49 percent and Hynix Semiconductor <000660.KS> climbed 2.14 percent following a strong outlook from U.S. flash memory firm SanDisk Corp <SNDK.O>, but Hyundai Motor <005380.KS> fell 1.3 percent ahead of its February sales data.

No comments:

Post a Comment