SPECO Ltd. (013810) Move Up 1.51% on Jan 27
Shares of SPECO Ltd. (KOSDAQ:013810) last traded at 5050, representing a move of 1.51%, or 75 per share, on volume of 191,569 shares. After opening the trading day at 4980, shares of SPECO Ltd. traded in a close range. SPECO Ltd. currently has a total float of 14.65M shares and on average sees 136,119 shares exchange hands each day. The stock now has a 52-week low of 4185 and high of 5050.
KOSPI: Building Up South Korean Economy
One of the fastest growing economies in Asia is that of South Korea. SPECO Ltd. and other companies prefer to be the constant members of its trades. The country is home to not just a compelling tourism industry but also to a thriving corporate sector. Frankly speaking, it has a limited experience in the national equity market front compared to other nations such as Japan and China. Nonetheless, this does not limit South Koreas potentials and long-term prospects.
South Korean Trade and Commerce
Trade and commerce in South Korea is just as competitive as it can get in bigger nations with bigger economies. Reliability of SPECO Ltd. earn it place inside the market. That is all thanks to the Korea Exchange (KRX).
The KRX is composed of three divisions: the Derivatives Market Division, the KOSDAQ Market Division, and the Stock Market Division.
The Stock Market Division of the KRX is where all publicly traded companies are listed. Tracking their respective performances is the Korea Composite Stock Price Index (KOSPI).
The KOSPI was first published in 1983 but its b....