(Bloomberg) -- South Korean stocks climbed, pushing
the key index to a record. Brokerages jumped, led by Samsung
Securities Co., after Hyundai Securities Co. said investors will
put more money into equities, increasing demand for the companies'
services.
``Interest in local stocks is rising thanks to the market's
good performance,'' said Choi Chang Hoon, who helps manage $860
million at Woori Credit Suisse Asset Management Co. in Seoul.
``Brokerage stocks are likely to stick to their upward track for
the time being.''
Read more at Bloomberg Stocks News
the key index to a record. Brokerages jumped, led by Samsung
Securities Co., after Hyundai Securities Co. said investors will
put more money into equities, increasing demand for the companies'
services.
``Interest in local stocks is rising thanks to the market's
good performance,'' said Choi Chang Hoon, who helps manage $860
million at Woori Credit Suisse Asset Management Co. in Seoul.
``Brokerage stocks are likely to stick to their upward track for
the time being.''
Read more at Bloomberg Stocks News
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