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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 / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	156.17
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
Nasdaq / Apr 25	15611.76
Dow Jones / Apr 25	38085.80
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72
Hang Seng / Apr 26	17626.75
FTSE 100 / Apr 26	8123.98
Germany DAX 30 / Apr 26	18016.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Cotton US¢/pound / Apr 26	81.15
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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