South Korean Stock Attractions (Part 1)
Stock news is low on South Korean content. We read more about individual cases of executive excesses than about all the routine actions to build solid stock value. Who knows whether this is contrived or lost in the din of stocks from other countries clamoring for attention, but the fact remains that the average financial advisor now acknowledges the power and the resilience of South Korean stocks. Shipping, steel, automobiles, and electronics, are some of the prime sectors in which this nation seems to focus, but the local stock exchange is fully diversified with interesting prospects across the board.
Durable Strengths of South Korean Stocks
The country has a stable agricultural base. It has been forward-looking in creating resource banks in the more pliable parts of countries such as India. It is not easy for outsiders to discern the pattern of the fabric, but large parts of top South Korean stocks emanate from the subtle links between domestic industrial units and relevant branches of governance. The South Korean panache for diplomacy has resulted in it taking the plum job at the United Nations, but executives from the country who drive their stock values, are not to be left behind.
South Korea is fiercely independent and proud of its culture. World media is fond of scoring points with their viewers by showing scenes of blue-collar protests, but people with ground zero knowledge of Seoul know the country to be durably united when it comes to stock building blocks. The country translates aggressive intents towards China and Japan in to market share and profit growth figures! Some of us who do not operate in the Seoul stock market may feel wistful, but even stocks in dealerships and input suppliers of South Korean companies are interesting to own and to hold.