Hyundai Heavy Falls as Profit Misses Expectations: Seoul Mover
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Hyundai Heavy Industries Co., the world’s largest shipbuilder, had the biggest drop in almost three months in Seoul trading after reporting lower-than-expected operating profit.
The company declined 7.7 percent, the most since Nov. 10, to close at 293,000 won. The stock was the fourth-worst performer among 1,004 companies in the MSCI Asia Pacific Index.