[THE INVESTOR] South Korean stocks remained almost flat late morning on Sept. 6, as investors took to the sidelines after the US stock market was closed for a holiday the day before.The benchmark KOSPI rose 0.29 point, or 0.01 percent, to 2,060.37 as of 11:20 a.m.Top market cap Samsung Electronics rose 0.75 percent, and major chipmaker SK hynix was up 0.53 percent.Naver, the country’s top portal operator, advanced 0.35 percent.Hyundai Motor, the country’s top automaker, shed 0.36 percent and its

[THE INVESTOR] South Korean stocks opened slightly lower on Sept. 6, as investors attempted to lock in recent gains.The benchmark KOSPI shed 0.27 point, or 0.01 percent, to 2,058.89 in the first 15 minutes of trading. The KOSPI hit a 14-month high on Sept. 5 on eased concerns over an imminent rate hike in the United States. Most large caps traded mixed with market kingpin Samsung Electronics rising 0.19 percent. 123rfTop automaker Hyundai Motor shed 0.36 percent, and top steelmaker POSCO fell 0.

[DISCLOSURE] Hengsheng (900270) said on Sept. 5 that it plans to pay 15 percent of this year’s net profit as cash dividends for 2016 fiscal year. The base date will be Dec. 31. By Jung Min-kyung (mkj1105@heraldcorp.com)

[THE INVESTOR] South Korean stocks advanced late morning on Sept. 5, led by gains in techs and autos, on eased concerns over an imminent rate hike in the United States.The benchmark KOSPI rose 18.58 points, or 0.91 percent, to 2,056.89 as of 11:20 a.m.Data by the US Labor Department showed that US payrolls climbed by 151,000 last month following a 275,000 gain in July, lower than an expected addition of some 180,000 jobs, sapping speculations that the US Fed may raise its interest rates soon any

[THE INVESTOR] South Korean shares got off to a strong start on Sept. 5 on speculation that the US Federal Reserve may delay its much-awaited rate hike.The benchmark KOSPI advanced 15.97 points, or 0.78 percent, to 2,054.28 in the first 15 minutes of trading. US stocks ended higher on Sept. 2 after weaker than expected job data for August eased concerns over an imminent rate hike in the world‘s largest economy.Most large caps traded mixed with market kingpin Samsung Electronics rising 0.13 perce

[THE INVESTOR] South Korean stocks ended marginally higher on Sept. 2, helped by foreigners’ buying, hours before the release of key US jobs data. The local currency rose against the US dollar.The benchmark KOSPI edged up 5.59 points, or 0.28 percent, to 2,038.31. Trade volume came to 340.27 million shares worth 3.88 trillion won (US$3.48 billion), with advancers outnumbering decliners 497 to 323.Foreigners net-purchased 217.3 billion won worth of stocks, while institutions and individuals sold

[THE INVESTOR] South Korean stocks were almost flat late morning on Sept. 2.The benchmark KOSPI slipped 0.93 point, or 0.05 percent, to 2,031.79 as of 11:20 a.m.Institutions offloaded shares, while foreigners and individuals were net-buyers.This week, the KOSPI already declined for the two consecutive days amid uncertainty over the timing of the US interest-rate hike.Traders will closely watch the US payrolls report for August to be issued at night (Seoul time) for clues to the Fed’s decision in

[THE INVESTOR] South Korean stocks started higher on Sept. 2 in the wake of a two-session losing streak.The benchmark KOSPI rose 2.85 points, or 0.14 percent, to 2,035.57 in the first 15 minutes of trading.The upswing came after the KOSPI declined for the two consecutive days amid uncertainty over the timing of the US interest-rate hike. Traders will closely watch the key US jobs data for August to be released on Sept. 2 (local time).Large caps started mixed. Market bellwether Samsung Electronic

[THE INVESTOR]South Korean stocks closed marginally lower on Sept. 1, as foreigners offloaded shares. The local currency fell against the US dollar.The benchmark KOSPI shed 1.93 points, or 0.09 percent, to 2,032.72. Trade volume came to 297.42 million shares worth 4.31 trillion won (US$3.80 billion), with advancers outnumbering decliners 481 to 324.Foreigners net-sold 139.8 billion won worth of stocks, while individuals and institutions bought a net 97.5 billion won and 39.1 billion won worth of

[THE INVESTOR] South Korean stocks edged down late morning on Sept. 1, as both foreigners and institutions offloaded shares a day before the release of key US job data.The benchmark KOSPI dropped 9.14 points, or 0.45 percent, to 2,025.51 as of 11:20 a.m.Individuals were scooping up stocks, while foreigners and institutional traders were net sellers.The market is awaiting the US employment data for August to be issued on Sept. 2 for a further hint of how soon the Federal Reserve will raise the ke

[THE INVESTOR] South Korean stocks started lower on Sept. 1, tracking Wall Street’s overnight losses.The benchmark KOSPI fell 12.60 points, or 0.62 percent, to 2,022.05 in the first 20 minutes of trading.In New York, the Dow Jones Industrial Average fell 53.42 points, or 0.29 percent, to 18,400.88, hit by the drop in oil prices and energy shares. Some strong economic data added to the possibility of the US raising the key interest rate in the near future.On the Seoul bourse, many large caps were

[DISCLOSURE] Austem (031510) reported on Aug. 31 that it has made 4.7 billion won in sales so far, implementing 17.9 percent of a 26 billion won deal with GM Indonesia, initiated on Aug. 1, 2012. Austem will continue supplying auto parts such as front cradle and rear axle until Dec. 31, 2017. By Jung Min-kyung (mkj1105@heraldcorp.com)

[THE INVESTOR] South Korean shares slipped on Aug. 31, as institutional investors offloaded shares amid uncertainty over the US monetary policy. The local currency rose against the US dollar.The benchmark KOSPI shed 5.09 points, or 0.25 percent, to 2,034.65. Trade volume came to 396.12 million shares worth 5.39 trillion won (US$4.80 billion), with decliners outnumbering advancers 494 to 322.Institutions net-sold 9.3 billion won worth of stocks, while foreigners and individuals bought a net 20.2

[THE INVESTOR] South Korean stocks ticked down late morning on Aug. 31 amid uncertainty over the US monetary policy.The benchmark KOSPI fell 5.45 points, or 0.27 percent, to 2,034.29 as of 11:20 a.m.Foreigners were offloading stocks, while institutional investors and individuals were net-buyers of shares.Analysts cited traders’ prudent stance and a lack of momentum to push up the KOSPI.“The US rate-hike issue persists. Chances are high that the market will waver in accordance with economic data

[DISCLOSURE] Hansol Chemical (014680) said on Aug. 30 that it has decided to offer collateral worth 35.4 billion won (US$31.6 million) to Shinhan Investment and three others, for its affiliate, Tapex’s 59 billion won loan. The institutions will receive pledges on Tapex’s 2,137,000 shares from its merger with HT Investment Purpose. The offer period is from Aug. 31 to May 30, 2021. By Jung Min-kyung (mkj1105@heraldcorp.com)

[THE INVESTOR] South Korean stocks started almost flat on Aug. 31, following Wall Street’s overnight losses.The benchmark KOSPI fell 0.25 points, or 0.01 percent, to 2,039.49 in the first 15 minutes of trading.In New York, the Dow Jones Industrial Average lost 48.69 points, or 0.26 percent, at 18,454.30. Market observers attributed the declined to renewed concern about the timing of the US interest rate hike.On the Seoul bourse, large caps were mixed.Samsung Electronics lost 1.09 percent, while

[THE INVESTOR] South Korean stocks made small gains on Aug. 30 as concerns on a US rate hike eased. The benchmark KOSPI climbed 7.39 points, or 0.36 percent, to 2,039.74. Trade volume came to 374.88 million shares worth 3.76 trillion won (US$3.30 billion), with gainers outnumbering losers 473 to 333.Foreigners and institutions net-purchased 55.8 billion won and 12.1 billion won worth of stocks, respectively, while individuals sold a net 17.2 billion won worth of stocks.The KOSPI’s advance came a

[THE INVESTOR] South Korean stocks climbed 0.8 percent late morning on Aug. 30, on renewed sentiment following Wall Street’s overnight rise.The benchmark KOSPI rose 16.27 points, or 0.8 percent, to 2,048.62 as of 11:20 a.m. Foreigners and institutional investors were net-buyers of shares, while individuals were net-sellers.The KOSPI’s upswing came after recording a four-day losing streak amid widespread expectations that the US Federal Reserve will raise the key interest rate at least once withi

[DISCLOSURE] Nexturn (089140) said on Aug. 29 that it has decided on a capital increase worth W30.1 billion won (US$26.90 million) by issuing 1,661,800 new shares and 2,284,720 bonus shares. The common stocks will be issued at the price of 18,100 won per share to existing shareholders and listed on Nov. 17. The bonus shares will be issued at the ratio of 1:0.4520346849 on Aug. 3, and listed on Nov. 24. By Jung Min-kyung (mkj1105@heraldcorp.com)

[THE INVESTOR] South Korean stocks opened higher on Aug. 30, following Wall Street’s overnight rise.The benchmark KOSPI climbed 13.51 points, or 0.66 percent, to 2,045.86 in the first 15 minutes of trading.The advance was apparently helped by gains on the New York Stock Exchange. The Dow Jones industrial average rose 107.59 points, or 0.58 percent, to 18,502.99, led by the banking sector being boosted by expectations that the Fed’s interest rate hikes will increase their lending margins. On the