Monday, May 21, 2007

South Korea's Kospi Rises to Record, Led by Samsung; SK Telecom Slides

(Bloomberg) -- South Korean stocks advanced, raising
the Kospi index to a record for a second day. Samsung Electronics
Co. and Hynix Semiconductor Inc. climbed as investors judged
recent losses excessive.

SK Telecom Co. dropped after Woori Investment & Securities
Co. said telecoms' marketing costs will damp second-half growth.


Read more at Bloomberg Stocks News

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