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Article: Leading Stocks on KOSDAQ See Value Drop by Half.
- Article from:
- Korea Times (Seoul, Korea)
- Article date:
- January 14, 2000
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Many leading stocks listed on the over-the-counter KOSDAQ are falling to almost half of their peak values in the wake of the plunge of the NASDAQ this year, Daishin Securities said yesterday
Korea Telecom Freetel stocks, which hit 309,500 won ($272) on Dec. 28, fell to 110,000 won at yesterday's close, down 70 percent.
Locus saw its stock fall from a record-high of 222,500 won Jan. 4 to 111,300 won Thrusday, HandySoft Corp. from 1,042,000 won to 543,000 won and Serome Technonology from 271,000 won to 176,000 won.
Locus saw its shares fall 50 percent, Handysoft 47.9 percent ...