Monday, June 11, 2007

South Korea's Kospi Index Gains, Led by Hyundai Heavy; Hynix Declines

(Bloomberg) -- South Korean stocks rose. Hyundai
Heavy Industries Co. gained after Good Morning Shinhan Securities
Co. said shipyards will benefit from increasing orders for bulk
carriers.

Hynix Semiconductor Inc. dropped after the Nikkei English
News reported that Japan's Toshiba Corp. plans to boost
production of flash-memory chips by 70 percent.


Read more at Bloomberg Stocks News

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