Wednesday, July 11, 2007

South Korea's Kospi Index Climbs; Samsung Electronics, Posco Lead Gains

(Bloomberg) -- South Korean stocks advanced. Samsung
Electronics Co. gained after Korea Investment & Securities Co.
raised its price estimates for chipmakers, saying demand for
memory will rise.

Posco rose after Daishin Securities Co. lifted its price
estimate, citing a possible rebound in steel prices.


Read more at Bloomberg Stocks News

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