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Korea Hot Stocks - KOGAS drops on tariff change delay
 
 
  
 
 Reuters - Tuesday, March  2
 
 
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SEOUL, March 2 - Stocks on the move on Tuesday include:
 
As of 0105 GMT, the main KOSPI <.KS11> was up 1.42 percent at 1,617.25 points.
 
The index opened 1.12 percent higher at 1,612.43 points.
 
**KOGAS FALLS ON DELAYS TO TARIFF OVERHAUL**
 
State-run Korea Gas Corp <036460.KS> dropped 4.96 percent after the government delayed an anticipated tariff system change intended to better reflect energy price moves.
 
An economy ministry official said that the overhaul, which was expected to take effect in March, had been delayed due to inflation concerns.
 
KOGAS also said on Sunday it had signed an agreement to jointly explore and develop natural gas fields in Canada with EnCana Corp <ECA.TO>. [ID:nTOE61R013]
 
0105 GMT (Reporting by Cho Meeyoung and Rhee So-eui; Editing by Jonathan Hopfner)
 
 
 
 
   
 
 
 
 
 
 
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