S.Korean coronavirus test kit makers rally for 2nd day on U.S export expectations

OSANGJAIEL Co

26/03/2020 24:57

** Shares of South Korean coronavirus test kit makers surge
for a second day on expectations of exporting to the United
States
    ** South Korean President Moon Jae-in visited coronavirus
test kit maker Seegene Inc  096530.KQ  on Wednesday, saying U.S.
President Donald Trump on Tuesday asked him to send medical
equipment such as test kits
    ** Trump promised Moon to help South Korean companies gain
U.S. government approval, South Korea's presidential office said
on Tuesday  urn:newsml:reuters.com:*:nL4N2BH4J7 
    ** Shares of Seegene and SugenTech Inc  253840.KQ  jump 24%
and 20%, respectively
    ** Labgenomics Co Ltd  084650.KQ  and OSangjaiel Co Ltd
 053980.KQ  advance 13% and 9%, respectively
    ** Broader KOSPI  .KS11  up 1.1% by 0040 GMT, while the
junior KOSDAQ  .KQ11  2.4% higher

 (Reporting by Joyce Lee)
 ((jungyoon.lee@tr.com; +82 2 6936 1467;))