(Bloomberg) -- South Korean stocks advanced, lifting
the Kospi index to a second straight record. Daewoo Engineering
& Construction Co. gained after Good Morning Shinhan Securities
Co. said the government's plan to build a new satellite city
will benefit builders.
``The news coming out of the construction sector is pushing
up the stocks these days, like the satellite city plans,'' said
Jeong Gi Won, who helps manage $2.1 billion at Daehan Investment
Trust Management Co. in Seoul. ``Builders have also been winning
more contracts than last year.''
Read more at Bloomberg Stocks News
the Kospi index to a second straight record. Daewoo Engineering
& Construction Co. gained after Good Morning Shinhan Securities
Co. said the government's plan to build a new satellite city
will benefit builders.
``The news coming out of the construction sector is pushing
up the stocks these days, like the satellite city plans,'' said
Jeong Gi Won, who helps manage $2.1 billion at Daehan Investment
Trust Management Co. in Seoul. ``Builders have also been winning
more contracts than last year.''
Read more at Bloomberg Stocks News
No comments:
Post a Comment