S.Korean shares exposed to North plunge after demands on Mt Kumgang resort

Ananti

23/10/2019 02:38

** South Korean shares exposed to North Korea drop after
state media reported North Korean leader Kim Jong Un demanded 
South Korean facilities in the North's Mt Kumgang tourist resort
must be removed and rebuilt in a modern way  urn:newsml:reuters.com:*:nL3N277417
    ** South Koreans were allowed to visit Mt Kumgang starting
in 1998 by sea and from 2003 by land, with firms such as Hyundai
Asan Corp and Ananti  025980.KQ  investing in the tourist spot
    ** Shares of Ananti drop more than 7%, while Hyundai
Elevator  017800.KS  and Hyundai Rotem  064350.KS  shrink 6.5%
and 3%, respectively     
    ** South Korea's benchmark index KOSPI  .KS11  steady, while
the junior KOSPI market  .KQ11  up 0.5%

 ((Hayoung.Choi@thomsonreuters.com; +82 2 6936 1468))