South Korean Stocks Rise for Third Day; Kookmin, Samsung Electronics Gain

(Bloomberg) -- South Korea's Kospi index rose by
more than 1 percent for a third day after North Korean leader
Kim Jong Il, in a Chinese news report, signaled the communist
state is ready to being dismantling its nuclear program. Kookmin
Bank and Samsung Electronics Co. paced gains.

Hyundai Heavy Industries Co. and Hyundai Mipo Dockyard Co.
led shipbuilders higher after brokerages boosted their prices
estimates, citing strong orders momentum.


Read more at Bloomberg Stocks News