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End-of-day quote
Other stock markets
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5-day change | 1st Jan Change | ||
| 118,200 KRW | +1.37% |
|
+7.07% | +18.20% |
| Apr. 26 | South Korea shares gain following upbeat US tech earnings | RE |
| Apr. 25 | South Korea's Hyundai, Kia to launch first India-made EVs next year | RE |
SEOUL (Reuters) - South Korea's Kia Motors said on Thursday it expected to pay about 1 trillion won ($887.11 million) in back-pay to its workers after it lost a wage dispute in court, and the impact would be reflected in its third-quarter results.
The Seoul Central District Court earlier on Thursday ordered the automaker to make up about 420 billion won in unpaid wages, but Kia said in a regulatory filing the total cost would be more like 1 trillion won once all wages were adjusted.
(Reporting by Joyce Lee; Editing by Stephen Coates)
| 1st Jan change | Capi. | |
|---|---|---|
| +18.20% | 33.64B | |
| +8.96% | 94.83B | |
| +12.39% | 87.28B | |
| -0.75% | 80.69B | |
| +24.83% | 74.23B | |
| +23.31% | 48.77B | |
| +12.34% | 23.76B | |
| -1.54% | 19.19B | |
| +49.97% | 11.78B | |
| -10.47% | 10.01B |
KIA CORPORATION 
