Monday, 02 July 2007

South Korean Stocks Advance; Shipbuilders Lead Gains on Additional Orders

(Bloomberg) -- South Korean stocks rose to the
highest in almost two weeks. Hyundai Heavy Industries Co. led
gains among shipbuilders after some announced new orders.

The Kospi index climbed 19.53, or 1.1 percent, to 1790.88 as
of 9:12 a.m. in Seoul. The Kosdaq added 1.3 percent to 794.38.
Kospi 200 futures expiring in September advanced 1 percent to
228.25, while the underlying index gained 1.1 percent to 227.15.


Read more at Bloomberg Stocks News

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