Yoojung Park(Stella)
UCR Extension
1200 University Ave. Riverside, CA 92507
Email: [email protected]
Phone : (1-951) 756-3404
3. POSCO (PKX) : Korean Company
PKX
S $114.00
h
a $111.00
r $108.00
$104.59
e
$112.41
$110.91
$110.60
$109.38
+7.47%
$105.00
P $102.00
r
$99.00
i
c
e
Date
1> The share price of POSCO has been increased. First of all, the security analysts
expected that second-quarter performance would be good ahead of its earnings
release, so it pushed POSCO stocks upward. According to the security analysts,
POSCO would improve their results because POSCO carried out the price
advance of steel after last Mid-May. With this positive of market expectations,
many investors bought stocks and its share price has gone through the roof.
2> Second, POSCO Engineering and Construction, one of POSCO affiliates, recorded
the high rate of apartments for sale in Busan and Ulsan. They reported each 95.5%