Wednesday, 04 July 2007

South Korean Stocks Gain, Led by Samsung, Chipmakers; Kangwon Land Plunges

(Bloomberg) -- South Korean stocks advanced for a
fourth day. Samsung Electronics Co. gained on speculation prices
for dynamic random access memory, or DRAM, will rise, helping
improve profit.

Kangwon Land Inc. tumbled by the most in more than four
years after the nearby city of Pyeongchang failed in its bid to
host the 2014 Winter Olympics.


Read more at Bloomberg Stocks News

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