SKorean share prices close flat after KOSPI hits fresh all time high |
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Published
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Tue, 24 Jul 2007 07:39
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SEOUL (Thomson Financial) - South Korean share prices closed little changed on Tuesday, after the KOSPI index briefly crossed the 2,000 points mark to touch a new all-time intraday high.After an early lift from Wall Street's overnight rebound, some profit taking emerged to pressure the index by the close.Banks and shipbuilders were major gainers while IT stocks and brokerages succumbed to profit taking.Telecom counters fell on news of the government's plan to induce lower mobile tariffs by reducing barriers for new entrants into the sector.The KOSPI index closed down 0.79 points or 0.04 percent at 1,992.26, after rising to an all-time intraday high of 2,005.02 at the opening.(1 US dollar = 914.1 SKorean won)eunkyung.seo@thomson.comes/mb-es/mbCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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| Stock
Quotes * |
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NASDAQ
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2792.28 |
22.57 (
0.81 %)
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| SYMBOL (
2012-01-19 ) |
| LAST |
CHANGE
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CARNIVAL
(
11:35am )
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2017.00 |
46.00 (
2.42 %)
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WHITBREAD
(
11:35am )
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1662.99 |
33.99 (
2.09 %)
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| SYMBOL (
2012-01-19 )
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| LAST |
CHANGE
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IBM
(
12:34pm ) |
|
181.50 |
0.43 (
0.24 %)
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| SYMBOL (
2012-01-19 )
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CHANGE
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SKorean shares close at new high led by financials, China tightening ignored 