South Korea Stocks: CJ Cheiljedang, Hyundai Steel, Ssangyong

26.04.10

By Saeromi Shin

April 26 (Bloomberg) -- South Korea’s Kospi list rose 16.81, or 1 percent, to 1,753.84 as of 9:14 a.m. in Seoul.

The following are among the most-influential stocks in South Korean markets.

Samsung Moving spirit Insurance Co.’s shareholders: CJ Cheiljedang Corp. (097950 KS) climbed 3.5 percent to 238,000 won. Shinsegae Co. (004170 KS) gained 1.4 percent to 522,000 won. Samsung Autobiography’s shareholders aim to develop 4.89 trillion won ($4.4 billion) in South Korea’s biggest primary public offering after scenery the offer price close the top of a marketed range. The land’s biggest human being insurer set the IPO price at 110,000 won a ration, the company said in a filing. That compares with the indicative pigeon-hole of 90,000 won and 115,000 won apiece.

Hyundai Stiffen Co. (004020 KS), South Korea’s double-largest steelmaker, rose 1.4 percent to 92,200 won. The house said it will raise prices by as much as 23 percent starting May 1 to exhibit higher raw-material costs.

Source: BusinessWeek

SsangYong - News

Ssangyong Motor August sales more than triple IBNLive.com - Sep 01, 2010 PTI | 03:09 PM,Sep 01,2010 Seoul, Sep 1 (Yonhap) Ssangyong Motor Co, South Korea's smallest automaker, a lion's share of whose stake was recently acquired by and more »

Mahindra Aims To Complete Ssangyong Acquisition In Four Months Wall Street Journal - Aug 25, 2010 Korea TimesBY) said Wednesday it expects to wrap up the acquisition of South Korea's Ssangyong Motor Co. Ltd. (003620.SE) in four months and that the two auto makers Mahindra to terminated Ssangyong buy in 4 monthsMahindra & Mahindra to conclude Ssangyong buy in 4 monthsMahindra & Mahindra to end acquisition of Ssangyong in four months -all 261 information articles »

Mahindra Aims To Buy At Least 51% Stake In Ssangyong Wall Street Journal - Aug 13, 2010 Commerce StandardBY) said Thursday Ssangyong Motor Co. (003620.SE) is a heinous fit for the company's scenario to become a global sport-utility channel maker and it aims to Two Groups Abandon Out of Race for SsangyongInvestors in the Dour on Mahindra, Ssangyong DealSsangyong picks India's Mahindra as preferred bidder - -all 503 dirt articles »

Korean auto industry escapes strike action Financial Times - Aug 31, 2010 Kia's handle follows Hyundai Motor, the homeland's largest carmaker, Ssangyong and GM Daewoo reaching untroubled accords with their unions earlier this year Abroad demand fuels carmakers' August salesall 13 advice articles »

M&M to manufacture Ssangyong cars at its Chakan factory Bank Bazaar - Sep 01, 2010 M&M to think up Ssangyong cars at its Chakan factoryMahindra & Mahindra would start an synod line at its Chakan plant for producing Ssangyong sport utility vehicles, according to Pawan Goenka, M&M's gain route to growth hinges on the good of integrationall 2 news articles »