SEOUL, May 30 (Korea Bizwire) — The market value of pharmaceuticals traded on South Korea’s minor bourse has plunged over the past two months due to a gene therapy drug scandal, data showed Thursday. The pharmaceutical industry index of the KOSDAQ market closed at 8,558.65 Wednesday, down 11.8 percent from two months earlier when the [...]
SEOUL, Nov. 18 (Korea Bizwire) — South Korea’s No. 1 conglomerate, Samsung, saw its market capitalization fall nearly 12 percent this year due to losses in tech and bio shares, a corporate tracker said Sunday. The combined market value of its 16 listed companies came to 418.33 trillion won (US$369.5 billion) as of Wednesday, down [...]
SEOUL, Jul. 5 (Korea Bizwire) — South Korea’s top automaker Hyundai Motor Co. has seen its market capitalization touch an eight-year low as slumping global sales pound its share price, data showed Thursday. Shares of Hyundai Motor closed at 119,500 won (US$107) on Wednesday, the lowest closing price since April 19, 2010, according to the [...]
SEOUL, Sept. 20 (Korea Bizwire) — South Korean biopharmaceutical maker Samsung BioLogics Co. has overhauled Swiss drug behemoth Lonza in terms of market value though its sales remain dwarfed by the latter’s top line, industry sources said Wednesday. The market capitalization of Samsung BioLogics, a unit of South Korea’s top conglomerate Samsung Group, came to [...]
SEOUL, Jul. 13 (Korea Bizwire) — Samsung Electronics Co.’s market cap has grown to exceed that of the entire secondary bourse and more than make up for the company’s erased stocks this year, data showed Thursday. The market cap of the tech firm as of the end of trading Wednesday was 362 trillion won (US$316.7 [...]