[THE INVESTOR] KOSDAQ opened higher at 708.89, up 0.77 points on July 22.

July 22, 2016

[THE INVESTOR] KOSPI opened lower at 2,005.37, down 6.85 points on July 22.

July 22, 2016

[THE INVESTOR] The Japanese yen opened at 1,076.14 won on July 22, up 14.44 won from the previous closing of 1,061.70 won.

July 22, 2016

[THE INVESTOR] The euro opened at 1,255.37 won on July 22, up 1.76 won from the previous closing of 1,253.61 won.

July 22, 2016

[THE INVESTOR] The US dollar opened higher at 1,137.5 won on July 22, up 1.6 won from the previous closing of 1,135.9 won.

July 22, 2016

[DISCLOSURE] GS Engineering & Construction (006360) will invest 35.95 billion won (US$31.64 million) in the Seoul-Munsan highway from Aug. 24, it said on July 21.

July 21, 2016

[DISCLOSURE] POSCO Daewoo (047050) reported on July 21 that its second quarter profit declined 5.25 percent to 82.23 billion won (US$72.34 million). The firm added that its revenue also fell 18.19 percent to 3.85 trillion won, while net profit jumped 10.07 percent to 53.82 billion won.

July 21, 2016

Shinsegae Food (031440) announced on July 21 that its operating profit in the second quarter jumped 56.4 percent to 8.04 billion won (US$7.07 million) on-year. Its revenue and net profit also increased 18.1 percent and 60.7 percent to 260.70 billion won and 6.43 billion won, respectively.

July 21, 2016

[DISCLOSURE] Hyundai Merchant Marine (011200) has signed an agreement with CRACRV to normalize the firm’s management, it said on July 21. The agreement expires June 30, 2021, but the exact length of the deal is to be decided by the Korea bond council.

July 21, 2016

[THE INVESTOR] The Japanese yen ended at 1,061.70 won on July 21, down 12.95 won from the previous closing of 1,074.65 won.

July 21, 2016

[THE INVESTOR] The euro ended at 1,253.61 won on July 21, down 2.61 won from the previous closing of 1,256.22 won.

July 21, 2016

[THE INVESTOR] The US dollar ended lower at 1,135.9 won on July 21, down 5.1 won from the previous closing of 1,141.0 won.

July 21, 2016

[DISCLOSURE] Hanjin Heavy Industries & Construction Holdings (003480) said on July 21 that it has received a 146.30 billion won (US$128.71 million) order for a housing renovation project in Daejeon. The deal amounts to 4.7 percent of its recent revenue and will expire in July 2021.

July 21, 2016

[DISCLOSURE] Chongkundang Holdings (001630) announced on July 21 that it has incorporated Chongkundang Bio (063160) by increasing its stake in the affiliate from 3.66 percent to 36.58 percent. 

July 21, 2016

[DISCLOSURE] Korea Zinc Company (010130) said in a regulatory filing on July 21 that its operating profit in the second quarter fell 6.4 percent to 180.16 billion won (US$157.93 million) on-year. Its net profit also decreased by 10.7 percent to 137.36 billion won, but revenue rose 17.4 percent to 1.41 trillion won.

July 21, 2016