0155 GMT [Dow Jones] Lead June Kospi200 futures now up 1.2% at 220.35 as narrower March trade deficit seems to help investor sentiment improve, says Lee Woo-Hyun at Daewoo Securities. March trade deficit narrowed due to continued rise in export growth, says Ministry of Knowledge Economy today. "But both foreigners and local retailers seem to be taking profits as (outstanding) open interest contracts have not increased sharply"; that's likely to limit further rise in index; tips futures index likely to trade in 217-221 band for near term. (SKS)
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(END) Dow Jones Newswires
March 31, 2008 21:55 ET (01:55 GMT) |