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Thursday, November 01, 2007

South Korean Market Pares Opening Gains []

South Korean Market Pares Opening Gains []
Thursday, Seoul shares were trading slightly higher amid volatility. Earlier, the KOSPI index had opened higher after the Federal Reserve cut interest rate on Wednesday. At 11:00 a.m. local time, the benchmark KOSPI index was up 2 points or 0.1% at 2,067.

South Korean Market Rebounds; KOSPI Sets New Closing High []
Wednesday, Seoul shares set another record high amid volatility, higher oil prices and a strengthening currency. The market traded in negative territory for most part of the session after South Korea's currency rose past 900 to the dollar for the first time in more than 10 years, raising worries about export earnings.

European Markets Rise On Strong Oils, Miners - European Commentary []
The European markets rose on Friday, as heavily weighted energy stocks rallied after crude oil prices climbed to a record high and mining stocks edged higher after copper prices advanced.

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