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South Korean stocks slip for sixth day as chip shares dive

The benchmark KOSPI fell 12.37 points, or 0.38%, to 3,208.25 as of 0631 GMT

Published 12 Aug, 2021 12:06pm

Markets

South Korea stocks slip from near all-time high on profit-taking

Foreigners were net sellers of 226.7 billion won ($204.09 million) worth of shares on the main board.

Published 07 Jun, 2021 11:49am

Markets

Asia naphtha recovers

SINGAPORE: Asia’s naphtha crack recovered on Wednesday although gasoline margins fell for a fourth straight ...

Published 03 Jun, 2021 04:13am

Markets

South Korean stocks climb as more economies reopen

The KOSPI has risen 10.43% so far this year, and gained 0.7% in the previous 30 trading sessions.

Published 18 May, 2021 12:25pm

Markets

South Korean stocks end lower as virus spikes across Asia spur caution

The won has lost 4.3% against the dollar this year.

Published 17 May, 2021 03:25pm

Business & Finance

GM, LG Energy Solution to build 2nd US battery plant in Tennessee

The planned 2.8 million-square-foot plant, scheduled to open in late 2023, will employ 1,300 people and is expected to have a production capacity similar to the companies' Ultium Cells joint-venture plant in Lordstown, Ohio, of about 35 gigawatt-hours as they move to respond to the growing demand in the electric vehicle market.
LG Chem said in a regulatory filing that its LG Energy Solution unit will invest $933.5 million in the plant between this year and 2023.

Published 16 Apr, 2021 07:57pm

Markets

South Korea stocks slide as institutional sell-off weighs

KOSPI falls, foreigners net buyers.
Korean won strengthens against US dollar.
South Korea benchmark bond yield falls.

Published 06 Apr, 2021 10:56am

Markets

S.Korea stocks flat as strong dollar offsets jobs data

Shares of LG Electronics Inc jumped more than 2pc after the company said it will end production and sales of its loss-making smartphone division.

Published 05 Apr, 2021 08:13am

Business & Finance

Battery maker Northvolt signs $14 billion order from Volkswagen

The battery maker also said it will sell its share in joint-venture Northvolt Zwei to Volkswagen, while the carmaker increases its ownership in Northvolt.
By consolidating cell production to the Northvolt Ett gigafactory, the partners will achieve further economies of scale, thereby securing the best possible cost and enabling the lowest environmental footprint in the world for cell production.

Published 15 Mar, 2021 05:44pm

Business & Finance

Hyundai to recall 82,000 electric cars globally due to fire risk

Hyundai Motor has announced that it will be recalling about 82,000 electric vehicles globally due to fire risks and will be replacing their battery systems.

Updated 24 Feb, 2021 04:32pm

Business & Finance

Hyundai Motor to replace battery systems in costly electric car recall

There have been some 15 cases of fires involving the Kona EV - 11 in South Korea, two in Canada and one each in Finland and Austria, according to the transport ministry.

Published 24 Feb, 2021 01:38pm

Markets

South Korea shares snap three-session winning streak as virus cases jump, US yields rise

In money and debt markets, March futures on three-year treasury bonds fell 0.04 points to 111.57.

Published 17 Feb, 2021 12:59pm

Markets

South Korea stocks flat ahead of US stimulus unveiling

Foreigners were net sellers of 146.7 billion won ($133.34 million) worth of shares on the main board.

Published 14 Jan, 2021 11:30am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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