InfoAnda - Korea Hot Stocks-Hynix, Hana Tour, Daewoo Shipbuilding, builders

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

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Asian markets mixed after Wall Street rally
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Nokia to replace 14 million phone chargers | Technology | | 10 November 2009

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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Secondary Navigation Singapore Asia Pacific World Search Search: Korea Hot Stocks-Hynix, Hana Tour, Daewoo Shipbuilding, builders Reuters - 2 hours 41 minutes ago SEOUL, Nov 4 - Stocks on the move on Tuesday include: As of 0446 GMT, the main KOSPI <.KS11> was up 0.93 percent at 1,139.60 points. The index opened 0.57 percent higher at 1,135.53 points. **HYNIX TUMBLES ON NEGATIVE BROKERAGE NOTE** Shares in Hynix Semiconductor <000660.KS> tumbled after Goldman Sachs lowered its earnings per share estimates on the company through 2010. "Although we had previously expected earnings could bottom in the third quarter, 2008, we now expect the fourth quarter could be the bottom due to weak DRAM prices," Goldman said in its report on Tuesday. "We think there could be further downside risk to DRAM wafer growth in 2009, due to further capacity cuts recently announced by Taiwanese DRAM makers during their earnings announcement," it said. Shares in the world's No.2 memory chip maker were down 7.27 percent. 0456 GMT - - - - **HANA TOUR FALLS ON WEAK MONTHLY RESULTS** Shares in Hana Tour <039130.KQ> fell 8.12 percent to 19,800 won after the firm posted a net loss in October. Hana Tour said just before Monday's market close that it had swung to a 1.7 billion won net loss for October from a year ago. The junior Kosdaq <.KQ11> market was up 0.99 percent. 0217 GMT - - - - **DAEWOO SHIPBUILDING UP ON EASING CONCERNS OVER SALE** Shares in Daewoo Shipbuilding and Marine Engineering <042660.KS> extended gains for the fourth straight session as worries over its sale eased. Shares in Daewoo jumped 9.89 percent to 15,000 won. In late October, chemical-to-brokerage conglomerate Hanwha Group was selected as the preferred bidder for Daewoo Shipbuilding. [ID:nSEO172942] "There were doubts on synergies over its sale after Hanwha, an unexpected bidder, was picked. But now, investors are focusing on own corporate value," said Cho In-karp, an analyst at Goodmorning Shinhan Securities. 0147 GMT - - - - **BUILDERS JUMP AFTER GOVT UNVEILS STIMULUS PACKAGE** Shares in construction firms jumped, with the sector sub-index <.KS203> up 7.78 percent after the government announced on Monday an $11 billion package to boost the South Korean economy, which includes extra spending on real estate and construction industries. Top builder Hyundai Engineering & Construction <000720.KS> soared 11.6 percent to 55,800 won, while GS Engineering & Construction <006360.KS> jumped 12.59 percent to 62,600 won. "In the long term, can be positive for the industry in order to help increase demand. But for now, times are still tough as problems on unsold homes still remain," said Cho Yoon-ho, an analyst at Daishin Securities. 0109 GMT (Reporting by Park Jung-youn, Park Ju-min; Editing by Nick Macfie) Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Business India to allocate 3G spectrum by end-Jan - govtReuters - 36 minutes ago Fujitsu to buy Siemens stake in PC joint ventureReuters - 36 minutes ago RPT-TOPWRAP 2-Australia cuts rates; world recession gloom buildsReuters - 38 minutes ago Indian rupee pares losses as foreign banks sell dlrsReuters - 40 minutes ago Asian stock markets mixed ahead of US electionAP - 40 minutes ago Most Popular – Business Viewed Foods to prevent disease? Obama in command on eve of US vote Hamilton pips Massa to Formula One title in tense Brazil finale Formula One driver Hamilton wins 2008 F1 championship Australia anxious as Indonesia prepares to execute Bali bombers View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology

Other News on Monday, 3 November 2008
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Korea Hot Stocks-Hynix, Hana Tour, Daewoo Shipbuilding, builders
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