South Korea's Kospi Is Little Changed; Hyundai Heavy Gains on Ship Prices

(Bloomberg) -- South Korea's Kospi index swung
between gains and losses. Hyundai Heavy Industries Co. advanced
after Korea Investment & Securities Co. lifted its price estimate,
saying ship prices will rise further.

Hyundai Motor Co. dropped after confidence among U.S.
homebuilders fell to the lowest in more than 16 years, triggering
concern a housing-market slump will damp consumer spending in the
world's biggest economy.


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