Korea Hot Stocks-Shipbuilders,Korea Zinc, Doosan, Ssangyong E&C
SEOUL, Feb 15 (Reuters) - Stocks on the move on Friday include:
As of 0218 GMT, the main KOSPI was down 1.12 percent at 1,678.48 points, with financials such as Kookmin Bank and exporters weaker after fresh credit market and economic growth worries hit Wall Street.
The index opened 1.48 percent lower at 1,672.39 points.
**SHIPBUILDERS EXTEND GAINS ON STRONG ORDER FLOW**
Shares in shipbuilders gained after Hyundai Heavy's $652.9 million order announced on Friday -- the latest in a series of recent orders -- helped ease worries that a slowing global economy would hurt order growth.
Hyundai Heavy Industries Co Ltd (009540.KS: Quote, Profile, Research, Stock Buzz) rose 1.09 percent to 370,000 won, while Daewoo Shipbuilding and Marine Engineering Co Ltd (042660.KS: Quote, Profile, Research, Stock Buzz) was up 2.85 percent to 36,100 won.
The world's top ship builder said earlier on Friday it had secured a 617.2 billion won order from a unnamed Liberian company to build a drillship. [ID:nSEL000306].
"Hyundai Heavy's order announced on Friday boosted confidence in the sector's outlook," said Lee Jae-won, an analyst at Tongyang Securities.
"High shipping rates are also having a good effect on shipbuilders' shares." Continued...
Ads by Career Builder
Financial Analyst -Real Estate Fund Investment
Details: ...due diligence and preparing and presenting...the Europe real estate financial analysis group and coordinate...
Servicing Manager / Real Estate Loan Collection
Details: New York based real estate investment firm is...oversee collections and servicing of loan...of non performing and sub performing loans...currently 100 loans and $100 million in assets...
Real Estate Accountant / Bookkeeper
Details: ...and growing real estate investment and property management...seeks a qualified real estate accountant / bookkeeper...reconciliation, and payroll accounting...effectively with financial institutions, tenants...
VP - Real Estate Finance
Details: ...seeks a VP - Real Estate Finance. This person...accounting, operations and reporting process...international funds real estate opportunity funds...staff; coordinate and review quarterly financial statements and...






