Shares of S.Korean firms exposed to N.Korea fall

Jaeyoung Solutec Co

22/10/2018 02:34

** Shares of South Korean firms with exposure to North Korea
fall; Hyundai Elevator Co Ltd  017800.KS  and Hyundai Rotem Co
 064350.KS  decline 7.1 pct and 5.2 pct, respectively
    ** South Korea President Moon Jae-in returned from his trip
to Europe; his attempt to get European support for loosening
sanctions on North Korea appeared to fall flat - report
    ** Moon had urged for humanitarian aid or sanctions relief
for North Korea, but British Prime Minister Theresa May and
French President Emmanuel Macron said sanctions pressure should
be maintained on DPRK - report
    ** Leaders called on DPRK to completely, verifiably and
irreversibly dismantle all its nuclear and other weapons of mass
destruction, ballistic missiles and related programmes and
facilities in accordance with the relevant UNSC resolutions;
they are committed to supporting a comprehensive solution
through diplomacy and fully implementing UNSC resolutions,
including restrictive measures - ASEM (Asia-Europe Meeting)
Chair's Statement
    ** Companies which have a branch in Kaesong Industrial
Complex also decline; In The F Co Ltd  014990.KS  and Jaeyoung
Solutec Co Ltd  049630.KQ  down 6.5 pct and 7.1 pct,
respectively
    ** Broader stock market  .KS11  down 0.6 pct as of 0104 GMT

 ((joori.roh.thomsonreuters.com@reuters.net))