Korea Stock Trading Moving Negatively

In the opening of South Korea's stock trading Wednesday (30/12), the Kospi Index opened rose 7 points, or 0.35%, in 1973. But currently tracked moves in the negative zone, down-5.03 points or-0.26% at 1961.28. Attenuation index Kospi terganjaldownside of South Korea's economic indicator data.

This morning released the data of South Korea economic indicators which were allnegative.

Business Confidence in December registered a 67 results, down from 68 in the previous result.

Industrial Production (YoY) November results registered a 0.3%, down from theprevious 1.1%, as well as the results of consensus 1.7% as well.

Industrial Production (MoM) November results registered a 2.1%, down from thepreviously-0.8%, well down from the results of the consensus-0.5%.

Manufacturing Production (YoY) November doubled the results of-1.0%, down from3.1% the previous result.

Retail Sales (MoM) November doubled the results of-1.1%, down from the previous result at 3.2%.

Retail Sales (YoY) November doubled the yield of 5.5%, down from the previous resultat 8.4%.

At the opening of trading had strengthened with Samsung Engineering shares surged 11.65 percent after surging nearly 30 percent on Tuesday after the announcement of the contract from Samsung Electronics.

Reuters, quoting a government official, reported South Korea regulators have orderedHyundai Motor and Kia Motors to sell part of their stakes in Hyundai Steel steel company to comply with the rules on large industrial groups. Donga Ilbo, local media said the company was ordered to sell a combined 8,810,000 shares worth 460 billion won ($ 393 million) in the Hyundai steel on January 1, 2016.