Sunday, July 15, 2007

South Korea's Kospi Index Is Little Changed; Carmakers Rise, Samsung Falls

(Bloomberg) -- South Korea's Kospi index swung
between gains and losses. Hyundai Motor Co. rose after Meritz
Securities Co. lifted its price estimates for some carmakers,
citing improved quarterly earnings on higher domestic sales.

Samsung Electronics Co. slid after chip prices fell by the
most in two weeks, triggering concern earnings may decline.


Read more at Bloomberg Stocks News

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