SEOUL May 23 South Korea's main KOSPI share
index was down 0.73 percent at 1,979.45 points as of
0048 GMT on Thursday. The index opened 0.4 percent down at
Stocks on the move on Thursday include:
**SK HYNIX SHARES FIRM AS Q2 RESULTS SEEN STRONG**
Shares in SK Hynix Inc advanced 1 percent on
expectations the memory chip maker's profit will jump in the
SK Hynix shares drew the highest trading volume on the main
"The company's earnings forecast is being sharply revised as
the pace of demand recovery is faster than the output increase,"
said Byun Han-joon, an analyst at KB Investment & Securities.
He expects the firm to post around 900 billion won ($808
million) in operating profit in the second quarter. This would
be nearly triple the 317 billion in the first quarter.
($1 = 1113.8750 Korean won)
(Reporting by Jungyoun Park; Editing by Prateek Chatterjee)