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Seoul share prices open flat ahead of FOMC policy statement

Jul 27, 2016

[THE INVESTOR] South Korean shares opened flat on July 27 ahead of a policy statement from the latest US Federal Reserve meeting scheduled to come out later today. The benchmark Korea Composite Stock Price Index declined 0.01 percent to 2,027.09 in the first 15 minutes of trading.Samsung Electronics was down 0.59 percent, and Hyundai Motor fell 0.74 percent. Global chipmaker SK hynix rose 2.65 percent. The local currency was trading at 1,134.70 won against the US dollar, up 0.20 won from the pre
Euro opens at 1,248.46 won

Jul 27, 2016

[THE INVESTOR] The euro opened lower at 1,248.46 won on July 27, up 7.05 won from the previous closing of 1,255.51 won.
Japanese yen opens at 1,081.96 won

Jul 27, 2016

[THE INVESTOR] The Japanese yen opened lower at 1,081.96 won on July 27, down 6.11 won from the previous closing of 1,088.07 won.
Dollar opens at 1,136.3 won

Jul 27, 2016

[THE INVESTOR] The US dollar opened higher at 1,136.3 won on July 27, up 1.4 won from the previous closing of 1,134.9 won.
KOSDAQ opens at 707.27 up 1.87 points

Jul 27, 2016

[THE INVESTOR] KOSDAQ opened higher at 707.27, up 1.87 points(0.27%) on July 27.　
KOSPI opens at 2,027.07 down 0.27 points

Jul 27, 2016

[THE INVESTOR] KOSPI opened lower at 2,027.07, down 0.27 points(0.01%) on July 27.　
Hyundai Development’s Q2 operating profit reaches W160.7b

Jul 26, 2016

[DISCLOSURE] Hyundai Development Company (012630) reported on July 26 that its second quarter operating profit jumped 59.6 percent to 160.76 billion won (US$141.45 million) on-year. Sales declined 2.6 percent to 1.21 trillion won and net profit increased 53.7 percent to 120 billion won.
KPX Holdings to pay W2.4b interim dividends

Jul 26, 2016

[DISCLOSURE] KPX Holdings (092230) announced on July 26 that it plans to pay interim dividends on common stocks. The dividend will be 600 won (US$0.53) per share, with the total amount reaching 2.4 billion won.
Seoul shares close at yearly high on tech gains

Jul 26, 2016

[THE INVESTOR] South Korean shares closed at their highest level this year on July 26 as investors snapped up major tech shares. The Korean won fell against the US dollar.The benchmark Korea Composite Stock Price Index gained 15.02 points, or 0.75 percent, to close at 2,027.34. Trade volume was slim at 332.2 million shares worth 3.92 trillion won (US$3.45 billion), with winners outnumbering losers 474 to 320.Market analysts say the KOSPI has hovered above the 2,000-mark since July 13 on the back
Hyundai Motor to pay W269b interim dividends

Jul 26, 2016

[DISCLOSURE] Hyundai Motor (005380) announced on July 26 that it will pay interim dividends on both common and preferred shares. The dividend will be 1,000 won (US$0.88) per share, with the total amount reaching 268.65 billion won. The rate stands at 0.7 percent and the record date is June 30.
Japanese yen ends at 1,088.07 won

Jul 26, 2016

[THE INVESTOR] The Japanese yen ended higher at 1,088.07 won on July 26, up 16.61 won from the previous closing of 1,071.46 won.
Euro ends at 1,255.51 won

Jul 26, 2016

[THE INVESTOR] The euro ended higher at 1,255.51 won on July 26, up 4.98 won from the previous closing of 1,250.53 won.
Dollar ends at 1,134.9 won

Jul 26, 2016

[THE INVESTOR] The US dollar ended lower at 1,134.9 won on July 26, down 2.1 won from the previous closing of 1,137.0 won.
Globon to sell off stake in Lee Dong Soo F&G

Jul 26, 2016

[DISCLOSURE] Globon (019660) announced on July 26 that it has decided to sell its 171,130 shares (28.52 percent) of Lee Dong Soo F&G for 5 billion won (US$4.40 million). The firm will receive an investment return of 125 percent. Globon became a stakeholder in Nov. 2014, purchasing stocks worth 2.2 billion won.
Huayi Brothers signs production deal with MBC

Jul 26, 2016

[DISCLOSURE] Huayi Brothers (204630) said on July 26 that it has inked a content production deal worth 5 billion won (US$4.40 million) with terrestrial broadcaster MBC regarding the network’s drama “Lucky Romance.”The contract accounts for 24.13 percent of its revenue.