Stock Price Archives | Be Korea-savvy
Hyundai Motor’s Market Cap Hits 8-year Low

Hyundai Motor’s Market Cap Hits 8-year Low

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 [...]

Investors More Sensitive to THAAD Issues than Anti-Graft Law

Investors More Sensitive to THAAD Issues than Anti-Graft Law

SEOUL, Jan. 6 (Korea Bizwire) – Korea’s anti-corruption law, which took effect on September 28 of last year, did not have as great an impact on the local stock market as initially expected, according to financial watchdogs.  Instead, the stock market was more sensitive to China’s retaliatory measures against Korea’s decision to deploy a THAAD [...]

Conglomerates Speed up Spinoffs as Legislators Move to Restrict Them

Conglomerates Speed up Spinoffs as Legislators Move to Restrict Them

SEOUL, Nov. 23 (Korea Bizwire) – A number of South Korean companies have announced spinoffs of subsidiaries with promises to become more transparent and improve management, but market watchers say they were driven by the growing legislative movement to prevent spinoffs from strengthening corporate owners’ control.  Snack manufacturer Orion Corp. and dairy producer Maeil Co. [...]