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Most of S. Korea's top 10 groups suffered losses in 2014
(MENAFN) Most listed companies united with South Korea's top 10 corporations have suffered losses on the Seoul bourse this year due to global economy fall and the strengthening of the South Korean won, local media showed, QNA reported.
The data was collected by Daeshin Securities Co., one of the leading local brokers, based on its tallies of the companies' market capitalization between the end of 2013 and Tuesday.
Manufacturers in the shipbuilding, chemical and refinery sectors, the nation's traditional economic drivers, were hit hard this year due to weak global demand and tougher competition with Chinese rivals, while companies more reliant on domestic consumption fared better in the stock market than export-oriented companies.
The data was collected by Daeshin Securities Co., one of the leading local brokers, based on its tallies of the companies' market capitalization between the end of 2013 and Tuesday.
Manufacturers in the shipbuilding, chemical and refinery sectors, the nation's traditional economic drivers, were hit hard this year due to weak global demand and tougher competition with Chinese rivals, while companies more reliant on domestic consumption fared better in the stock market than export-oriented companies.
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