South Korea: Stocks end flat as oil price surge sparks slowdown concerns

The Seoul stock market's main KOSPI closed up 0.11 points, or 0.01 per cent, at 2,062.33, posting an eighth straight session of gains.[SEOUL] South Korean shares closed little changed on Tuesday on fears that a spike in oil prices could slow global economic growth further.

The Seoul stock market's main KOSPI closed up 0.11 points, or 0.01 per cent, at 2,062.33, posting an eighth straight session of gains. The KOSPI has risen 1.04 per cent so far this year, and gained 1.9 per cent in the previous 30 trading sessions. The trading volume during the session in the KOSPI index was 497.84 million shares and, of the total traded issues of 891, the number of advancing shares was 465.

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South Korea: Stocks rise for 7th straight session[SEOUL] South Korean shares rose to seven-week peak on Monday as refineries and shipbuilders rallied on oil price surge, though a fall in memory chip stocks limited the gains. Read more at The Business Times.
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