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Foreign investors dumped more than 6 trillion won ($4.44 billion) worth of shares listed on Kospi, Korea’s main bourse, in the past three months amid the slow stock market, data from the Korea Exchange showed Sunday. Non-Korean investors’ net buying on Kospi this year dropped to 7.23 trillion won on Friday after reaching the peak at 14.06 trillion won on June 16. The offloaded shares in the past three mon. ....
SEOUL (Reuters) -Shares in South Korea's Doosan Robotics opened 127% up from their initial public offering (IPO) price in the company's market debut on Thursday, based on investors' bullish outlook for the collaborative robot maker. The company raised 421.2 billion won ($317 million) in South Korea's largest IPO this year, having priced the shares at 26,000 won each, the top of the price range flagged to investors. Doosan Robotics shares opened at 59,100 won each and rose to as much as 67,600 wo ....
SEOUL :Shares in South Korea's Doosan Robotics, whose robots can make coffee and pour beer, more than doubled from their initial public offering (IPO) price in their Seoul market debut on Thursday, amid pent-up demand for robotic stocks. The company raised 421.2 billion won ($317 million) in South Korea's lar ....
The Korean economy is expected to undergo a highly uneven recovery as a toxic cocktail of rising inflation, high interest rates and a weakening Korean won are set to hamper growth in the second half of this year, according to analysts, Thursday. ....