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Seoul Shares May Fall to 2,900 Next Week Depending on Indicators

Seoul Shares May Fall to 2,900 Next Week Depending on Indicators

SEOUL, Oct. 30 (Korea Bizwire) — Seoul shares may fall further to 2,900 next week depending on upcoming global economic indicators and the Federal Reserve chairman’s possible comments on tighter monetary policy, analysts said Saturday. The Benchmark Korea Composite Stock Price Index (KOSPI) fell for a third straight day to end 1.3 percent lower at [...]

Samsung, SK hynix Shares Tumble amid Business Uncertainty Despite Robust Earnings Outlook

Samsung, SK hynix Shares Tumble amid Business Uncertainty Despite Robust Earnings Outlook

SEOUL, Oct. 14 (Korea Bizwire) — Shares of South Korea’s two chipmakers — Samsung Electronics Co. and SK hynix Inc. — have withered in recent days despite upbeat news that they are going to post record quarterly sales backed by brisk memory chip businesses. In its third-quarter earnings guidance released earlier this month, Samsung Electronics [...]

Information on the Total Number of Voting Rights and Shares

Information on the Total Number of Voting Rights and Shares

Mont-Saint-Guibert (Belgium), Oct. 1 (Korea Bizwire) – In accordance with article  15 of the Law of 2 May 2007 on the disclosure of large shareholdings, Nyxoah SA (Euronext Brussels and Nasdaq: NYXH) publishes the below information following the issue of 27,000 new shares on September 30, 2021 pursuant to  the exercise of subscription rights.  Share capital: EUR 4,388,714.69  Total number of securities carrying voting rights: 25,547,359 (all [...]

Stock Trading Soars 70.5 pct in 2020 amid Investment Craze

Stock Trading Soars 70.5 pct in 2020 amid Investment Craze

SEOUL, Sept. 17 (Korea Bizwire) — Stock transactions in South Korea spiked more than 70 percent in 2020 amid an investment craze among retail investors, data showed Friday. The value of stock trading in Asia’s fourth-largest economy stood at 35,397.3 trillion won (US$30.2 trillion) last year, up 70.5 percent from a year earlier, according to [...]

Philips to Repurchase Up to 2 Million Shares to Cover Long-term Incentive and Employee Stock Purchase Plans

Philips to Repurchase Up to 2 Million Shares to Cover Long-term Incentive and Employee Stock Purchase Plans

Amsterdam, the Netherlands, May 19 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it will repurchase up to 2 million shares to cover certain of its obligations arising from its long-term incentive and employee stock purchase plans. At the current share price, the shares represent an amount of up to approximately EUR 91 [...]

State Pension Fund Enjoys Huge Returns from Early Investment in Tesla

State Pension Fund Enjoys Huge Returns from Early Investment in Tesla

SEOUL, Feb. 15 (Korea Bizwire) — South Korea’s state pension fund is estimated to have chalked up massive profits from its holdings of shares in electric vehicle leader Tesla Motors Inc. with the share price rising at an explosive pace in recent years. The National Pension Service (NPS) made its first disclosure that it owned [...]

S. Korean Retail Investors’ Tesla Holdings Top US$10 bln

S. Korean Retail Investors’ Tesla Holdings Top US$10 bln

SEOUL, Jan. 25 (Korea Bizwire) — South Korean retail investors’ holdings of shares in electric vehicle leader Tesla Motors Inc. soared nearly 32 percent this year to cross the US$10 billion mark, data showed Monday. Local individual investors owned $10.33 billion worth of Tesla shares as of Friday, up 31.9 percent from the end of [...]

Retail Investors Swoop on Samsung Electronics amid Price Surge

Retail Investors Swoop on Samsung Electronics amid Price Surge

SEOUL, Dec. 14 (Korea Bizwire) — South Korean retail investors loaded up on shares of top-cap Samsung Electronics Co. last week amid a surge in its share price, data showed Monday. Individual investors bought a net 1.26 trillion won (US$1.15 billion) worth of Samsung from Monday to Friday, their top pick among local companies, according [...]