S.Korea says stock mkt has solid potential buyers

finanznachrichten.de     09-Jul-2008          

SEOUL, July 9 (Reuters) - South Korean stock markets have solid potential buyers as large-size pension funds, including the National Pension Service, are planning to increase stock purchases, a senior government official said on Wednesday. Vice Finance Minister Kim Dong-soo told a briefing that the government will closely monitor stock markets on the view that stock price stability was important for companies' fund-raising and financial markets stability. 'We plan to prepare for measures to stabilise stock prices, depending on market conditions,' Kim said. (Reporting by Cheon Jong-woo and Kim Yeon-hee; Editing by Keiron... [read full story]                    


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