Korea Stocks: Hanwha Chem, Hynix, Hyundai Development, Poongsan

Bloomberg Jan 12----South Korea’s Kospi index rose 4.55, or 0.2 percent, to 2,092.87 as of 9:40 a.m. in Seoul, set for a record close.

The following are among the most-active stocks in South Korean markets.

Hanwha Chemical Corp. （009830 KS）, a South Korean chemical products maker, gained 3.5 percent to 36,950 won, an eighth day of gains. Mirae Asset Securities Co. raised its share-price estimate to 47,000 won from 41,000 won, citing the company’s cost competitiveness.

Hynix Semiconductor Inc. （000660 KS）, the world’s second- largest computer-memory chipmaker, climbed 3.9 percent to 26,400 won. The company expects to post a fourth-quarter operating profit, said Park Seong Ae, a company spokeswoman. Hynix plans to repay 700 billion won in debt in 2011, and aims to increase its share of the global NAND-flash memory chip market to 15 percent from 10 percent, according to Park.

Hyundai Development Co. （012630 KS）, a South Korean builder, rose 2.8 percent to 39,800 won. Mirae Asset Securities Co. raised its stock rating to “buy” from “hold,” saying earnings growth will be “high” this year.

Poongsan Corp. （103140 KS）, a South Korean maker of copper products, jumped 6.6 percent to 52,000 won, after copper futures rose by the most in four weeks.