stock market Archives | Page 11 of 14

Home / Posts tagged stock market (Page 11)

RedHill Biopharma Announces Exercise of Underwriters’ Option

TEL-AVIV, Israel, Jan. 3 (Korea Bizwire) — RedHill Biopharma Ltd. (NASDAQ:RDHL) (TASE:RDHL) (“RedHill” or the “Company”), a specialty biopharmaceutical company primarily focused on the development and commercialization of late clinical-stage, proprietary, orally-administered, small molecule drugs for gastrointestinal and inflammatory diseases and cancer, today announced that the underwriters of its previously announced underwritten public offering of [...]

Private Investors Sole Losers in KOSPI Stock Picks in 2016

SEOUL, Jan. 2 (Korea Bizwire) – Private investors were the big losers in last year’s stock market, a contrast to institutional and foreign investors that ended the year on the plus side, financial industry data showed Monday. The top 20 most-purchased stocks by private investors in the main bourse KOSPI ended 33.07 percent down by [...]

Mobile Stock Trade Jumps amid Incentives

SEOUL, Dec. 29 (Korea Bizwire) – Mobile stock trading in South Korea has soared more than 30 percent in 2016 from a year ago, helped mainly by brokerages’ stepped-up marketing for smartphone users, data showed Thursday. According to the data by the Korea Exchange, a daily average of 250.5 million shares were traded via the [...]

Korean Investors Shun Shenzhen-Hong Kong Stock Connect

SEOUL, Dec. 16 (Korea Bizwire) – It has been almost two weeks since China’s ambitious Shenzhen-Hong Kong Stock Connect was launched, but the trading link has so far failed to drum up much excitement, at least from the point of view of Korean investors. According to the Korea Financial Investment Association, the aggregate trade volume [...]

KOSDAQ Invokes ‘Tesla Condition’, Allows Loss-Making Companies to IPO

SEOUL, Dec. 14 (Korea Bizwire) – Korea Exchange (KRX) trading board KOSDAQ announced Wednesday that it would start allowing businesses operating in the red to go public if they show positive growth potential – introducing a so-called the “Tesla condition” taken from Tesla Motors, which lacked capital initially but was recognized for its prospects, and [...]

Investors Snap up Politics-Themed Stocks After Park Impeachment

SEOUL, Dec. 13 (Korea Bizwire) – Despite an overall market slump, investors are scrambling to bet on stocks related to presidential hopefuls as an early election is deemed inevitable following the impeachment of President Park Geun-hye, data showed Tuesday. South Korean lawmakers voted overwhelmingly to impeach Park on Friday over a massive corruption and influence-peddling [...]

Investors Focus on Outcome of Impeachment Vote

SEOUL, Dec. 7 (Korea Bizwire) – With a parliamentary vote to impeach President Park Geun-hye two days away, the glare of investor attention is focused on its outcome with a rejection more likely to increase stock market volatility than a passage, analysts said Wednesday. Opposition parties and some ruling party lawmakers are slated to put [...]

Bill Submitted for Heavier Fines, Prison Sentence for Illegal Stock Trading

SEOUL, Nov. 29 (Korea Bizwire) – A bill was proposed stiffening monetary penalties and prison sentences for illegal stock trading made with inside information and price manipulation, people in the financial community said Monday. The bill submitted by Rep. Kim Young-joo of main opposition Democratic Party would allow monetary fines in the amount two to [...]

Cosmetics, Entertainment Shares Drop amid Korea-China Discord over THAAD

SEOUL, Nov. 21 (Korea Bizwire) – South Korean shares of cosmetics and entertainment companies closed lower on Monday amid concerns over Chinese state-sanctioned retaliatory measures against Korea’s deployment of an American THAAD battery. Big-name K-pop producers, including SM (-8.16 percent), YG (-6.9), and JYP Entertainment (-2.79); film distributors and producers such as Showbox (-14.57) and [...]

Devexperts Integrates Nasdaq Basic to Deliver International Markets a Cost-Effective, On Demand US Market Data Solution

MUNICH, Germany and NEW YORK, Nov. 15 (Korea Bizwire) — Munich-based Devexperts GmbH, developers of the financial markets’ most successful professional retail and institutional trading platforms and providers of one of the US’ largest cloud based financial data infrastructures, today announced that they are working with Nasdaq to deliver a high quality, API based, on-demand [...]