South Korean stocks fell, dragging the benchmark index down to its biggest loss in a week, as foreign investors sold equities on concern profit of builders and shipyards will slump and North Korea tensions may increase.
The following companies may have unusual price changes in Asian trading tomorrow. Stock symbols are in parentheses, and share prices are as of the latest close. The information in each item was released after markets shut unless stated otherwise.
Japanese demand for raw materials and manufacturing diverted abroad as the nation rebuilds from its worst earthquake on record may aid exporters from Australia’s BHP Billiton Ltd. to South Korea’s Hyundai Mobis Co.
Shares of the following companies had unusual moves in South Korea trading. Stock symbols are in parentheses and prices are as of the close in Seoul. The Kospi Index fell 1.1 percent to 1,909.03. The gauge rose 7.9 percent in October, its best monthly performance since March.
Ted Chung, chief executive officer of South Korea’s biggest consumer finance company, was on a business trip in Copenhagen in April 2011 when his deputy called in a panic. Hackers had broken into computer servers at Hyundai Capital Services Inc., stealing customers’ personal information. Stunned, Chung hopped the Hyundai jet back to Seoul.
Emerging-market stocks rose to a seven-month high as speculation U.S. politicians will reach a budget deal spurred risk appetite and support widened for policies allowing foreign investment in India’s retail market.