Korea's Kospi 0.2% Higher, Supported by Food, Construction Stocks -- Market Talk
Korea's Kospi 0.2% Higher, Supported by Food, Construction Stocks -- Market Talk
0048 GMT - South Korea's Kospi is 0.2% higher at 3002.30 in early trade, supported by food, construction, oil and electronics stocks. Food company CJ CheilJedang rises 3.5% after announcing its business expansion into biodegradable plastic materials. Construction firm Samsung Engineering climbs 4.0%, while excavator maker Hyundai Construction Equipment gains 2.3%. Oil refiner S-Oil adds 1.4% as the U.S. and other countries tap strategic oil reserves to check rising crude prices. Apple supplier LG Innotek advances 3.2%. Index heavyweight Samsung Electronics edges 0.1% higher after confirming its plan to build a $17 billion new chipmaking plant in Texas. (kwanwoo.jun@wsj.com)
0048GMT-韓國KOSPI指數早盤上漲0.2%，報3002.30點，受食品、建築、石油和電子類股支撐.食品公司CJ CheilJedang股價上漲3.5%，此前該公司宣佈將業務擴展到可生物降解塑料材料領域。建築公司三星工程(Samsung Engineering)上漲4.0%，挖掘機制造商現代建築設備(Hyundai Construction Equipment)上漲2.3%。煉油商S-Oil股價上漲1.4%，因美國和其他國家動用戰略石油儲備來遏制原油價格上漲。蘋果供應商LG Innotek上漲3.2%。指數權重股三星電子(Samsung Electronics)小幅上漲0.1%，此前該公司確認了在德克薩斯州投資170億美元新建芯片製造廠的計劃。(kwanwo.jun@wsj.com)
譯文內容由第三人軟體翻譯。