Tuesday, May 22, 2007

South Korea's Kospi Index Advances to Third Straight Record; S-Oil Rises

(Bloomberg) -- South Korean stocks rose, pushing the
Kospi index to its third record in as many days. S-Oil Corp. rose
after Hyundai Securities Co. said the refiner will post record
earnings this year.

LG.Philips LCD Co. slid after Royal Philips Electronics NV
said it is in talks to sell all or part of its stake in the
company.


Read more at Bloomberg Stocks News

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