KOSPI

According to the KRX, the benchmark KOSPI closed at 1,998.13, down 19.21 points, or 0.95 percent, from the previous session.

The KOSPI closed 7.95 points, or 0.37 percent, higher at 2,156.26 after declining 1.4 percent earlier.

Stressing that it did not receive any additional benefits, the company said that, even if the Korea Exchange amended listing regulations on 11 November and advised the firm to go public at this time, it rejected the offer and instead would choose the right time for the planned listing by reviewing and comparing the KOSPI and the NASDAQ.

Board of trustees of the Horizons ETF Trust has determined to close and liquidate the Horizons Korea KOSPI 200 ETF (NYSE: HKOR, which is managed and marketed by Horizons ETFs Management LLC, the company said.

where [R.sub.it] is the return of company i at time t, [R.sub.mt] is the corresponding return of the market index (e.g., the KOSPI) at time t, and [[alpha].sub.i] and [[beta].sub.i] are the estimated market model parameters.

The benchmark KOSPI dropped 1.2 percent to close at 1,959,45 -- the biggest daily loss since November 15 last year -- after the North's army said it had final approval to attack US targets, possibly with nuclear weapons.

The benchmark Korea Composite Stock Price Index (KOSPI) declined 32.71 points, or 1.64 percent, to close at 1,956.44, the lowest since Jan.

The Nikkei index opened the Monday afternoon session below the 8,300 level, in line with tumbles in South Korea's Kospi index following reports during the lunch break that North Korean leader Kim Jong Il has died.