Sunday, July 22, 2007

South Korean Shares Drop From Record; Samsung Electronics, Posco Decline

(Bloomberg) -- South Korean stocks fell as
investors judged excessive a rally that's made the Kospi index
the world's best-performing benchmark this month. Samsung
Electronics Co. and Posco declined.

The Kospi index lost 3.99, or 0.2 percent, to 1,979.55 as
of 9:44 a.m. in Seoul, after earlier gaining as much as 0.3
percent. It's climbed 13 percent this month.


Read more at Bloomberg Stocks News

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