S.Korea railway-related firms jump on U.N. sanctions exemption for inter-Korean project
26/11/2018 01:20
** South Korean shares with exposure to North Korea soar
after the govt secures U.N. sanctions exemption for inter-Korean
railway survey urn:newsml:reuters.com:*:nL4N1XZ011
** The presidential office said on Saturday it has received
sanctions from the U.N. Security Council for a joint survey of
inter-Korean railway project, the first step towards
reconnecting rail and road links between the divided peninsula
** Shares of Namkwang Engineering & Construction 001260.KS
rise as much as 11.6 pct, while those of Hyundai Rotem
064350.KS jump as much as 8.4 pct
** Daea TI 045390.KQ , a railway signal control system
provider, leaps as much as 15.6 pct
** The broader KOSPI market .KS11 is trading up 0.8 pct
((hayoung.choi.thomsonreuters.com@reuters.net))