Tuesday, July 10, 2007

South Korea's Brokerage Shares Fall on Commission Cut Plan; Samsung Gains

(Bloomberg) -- South Korea's Kospi index swung
between gains and losses. Daewoo Securities Co. dropped on
concern the government's plan to lower commissions on fund sales
will dent brokerages' profits.

Samsung Electronics Co. and Hynix Semiconductor Inc.
advanced on speculation flash-memory chip prices will rise.


Read more at Bloomberg Stocks News

No comments: