Seoul shares to fall at open on surging won, oil


SEOUL, Feb 23 (Reuters) - Seoul stocks are set to open lower on Wednesday, led by exporters such as Hyundai Motor, as a jump in crude oil prices above $51 a barrel and sharp gains in the won are seen stirring concerns about a dip in corporate profits. "We are bound for a correction after the recent rally, but (higher oil prices and the stronger won) will not have a disproportionate effect since the market still believes in a 1,000-point Kospi in the short-term," said Cho Seong-joon, an ...

Premium Content (PAID Subscription Required)

"Seoul shares to fall at open on surging won, oil" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×