THE JAPANESE AND KOREAN STOCK MARKET'S LOW YIELD OF THE KOSPI INDEX IS DOWN BY OVER 6%

ON 16 JULY, THE COLLECTION FELL BY 1915.97 POINTS ON 16 JULY, BY 225 PER DAY (ON THURSDAY), A DROP OF 2.79 PER CENT AND 66835.54 POINTS, AND BY 14 PER CENT FOR A STOCKMAN. THE KOREAN KOSPI INDEX FELL BY 466.06 POINTS ON THURSDAY, 16 JULY, A FALL OF 6.4 PER CENT AND REPORTED 6818.35 POINTS; THE KOREAN ENTREPRENEURSHIP BOARD (KOSDAQ) FELL BY 4.5 PER CENT; AND THE SK HERCULES DROPPED BY 11 PER CENT AND SAMSUNG ELECTRONICS BY 8 PER CENT. THE KOREAN SIDE INDICATED THAT MEASURES WOULD SOON BE ANNOUNCED TO RESOLVE THE DISPUTE OVER THE LEVERAGING OF ETF TO LINK SAMSUNG ELECTRONICS AND SK HERCULES STOCKS TO INCREASE STOCK MARKET VOLATILITY. KIM XIAN