S.Korean shares exposed to North rise after Kim's letter to Trump
12/06/2019 02:07
** South Korean shares exposed to North Korea rally after
U.S. President Donald Trump said he has received a letter from
North Korean leader Kim Jong Un
** Trump said he received a "very warm letter" from Kim
calling the correspondence "beautiful," but gave no details
urn:newsml:reuters.com:*:nL2N23I124
** Shares of Ananti 025980.KQ and Daea TI 045390.KQ
added more than 5% each, while Sungshin Cement 004980.KS
jumped nearly 7%
** The two leaders met for the first time a year ago, but
diplomatic progress has stalled after their second summit in
Vietnam broke down in Febrary urn:newsml:reuters.com:*:nL4N23I2LN
** The broader KOSPI market .KS11 was trading flat, while
the junior KOSDAQ market .KQ11 was trading down 0.5%
((hayoung.choi.thomsonreuters.com@reuters.net))