Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

South Korea Stock Movers: Industrial Bank of Korea, SK Chemicals

June 22 (Bloomberg) -- Shares of the following companies had unusual moves in South Korea trading. Stock symbols are in parentheses and prices are as of the 3 p.m. close in Seoul. The Kospi Index rose 15.73, or 0.8 percent, to 2,063.90, rising for a second day.

Industrial Bank of Korea (024110 KS) tumbled 10 percent to 18,500 won, the biggest drop since Dec. 12, 2008, on a government plan to sell part of its 69 percent stake in the country’s largest lender to small- and mid-sized companies. The government aims to sell the shares “within this year in principle,” the finance ministry said in a statement today.

SK Chemicals Co. (006120 KS) rallied 3.5 percent to 71,400 won, the highest close since May 6. Korea Exchange Inc. ordered the company to comment by 6 p.m. today on reports that it’s considering spinning off its chemical and pharmaceuticals businesses.

To contact the reporter on this story: Saeromi Shin in Seoul at

To contact the editor responsible for this story: Darren Boey at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.