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-韩国KOSPI指数早盘上涨0.2%，报3002.30点，受食品、建筑、石油和电子类股支撑.食品公司CJ CheilJedang股价上涨3.5%，此前该公司宣布将业务扩展到可生物降解塑料材料领域。建筑公司三星工程(Samsung Engineering)上涨4.0%，挖掘机制造商现代建筑设备(Hyundai Construction Equipment)上涨2.3%。炼油商S-Oil股价上涨1.4%，因美国和其他国家动用战略石油储备来遏制原油价格上涨。苹果供应商LG Innotek上涨3.2%。指数权重股三星电子(Samsung Electronics)小幅上涨0.1%，此前该公司确认了在德克萨斯州投资170亿美元新建芯片制造厂的计划。(kwanwo.jun@wsj.com)
译文内容由第三方软件翻译。