IlShinLab, Core Logic share prices skyrocket

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02 December 2008 @ 09:37 pm ET

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SEOUL, South Korea - Share prices of Ilshinlab Co. (KDQ:068330) and Core Logic Inc. (KDQ:048870) skyrocketed after market analysts said their prices were undervalued compared to the cash reserve held by the two companies.

Ilshinlab Co. is trading at 1,380 won up 180 won or 15 percent. Core Logic Inc. is also traded higher at 4,600 won, up 600 won or 15 percent.

Next Article: Korean exchange rate fluctuates in weak market

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