Sunday, April 29, 2007

South Korean Stocks Fall for Second Day; Samsung, L.G. Philips LCD Decline

(Bloomberg) -- South Korean stocks fell for a second day. Samsung Electronics Co. slid after U.S. economic growth cooled to the slowest in four years, raising concern exporters' overseas earnings will decrease.

The Kospi index slid 7.49, or 0.5 percent, to 1535.03 as of 9:18 a.m. in Seoul. The Kosdaq added 0.1 percent to 676.31. Kospi 200 futures expiring in June retreated 0.3 percent to 198.85, while the underlying index lost 0.4 percent to 197.48.


Read more at Bloomberg Stocks News

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