South Korean companies' business outlook for April has improved slightly compared to the month before.
According to the Bank of Korea on Tuesday, the Business Survey Index for all industries recorded 74 in April,.... up a single point on-month.
The BOK said business sentiment among electronics manufacturers fell, but oil refining companies, petrochemical companies showed better sentiment on rising global oil prices.
Construction companies' sentiment rose on an uptick in new construction projects.
The outlook for May also edged up one point to 77.
But the figure is still below 100, meaning.... there are more pessimists than optimists.
