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005740 — CrownHaitai Holdings News Story

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Consumer DefensivesAdventurousMicro CapValue Trap

S.Korea's snack makers gain as customers stay away from Japan products

** Shares of South Korean snack makers jump as investors bet
sales would grow with local customers staying away from Japanese
products
    ** Confectionery giant CrownHaitai Holdings  005740.KS 
jumps nearly 30%, while its units Crown Confectionery
 264900.KS  and Haitai Confectionery and Foods  101530.KS  add
25.2% and 19.5%, respectively
    ** In the previous session, South Korea's underwear makers
saw their shares surge amid a protracted diplomatic and economic
row with Japan  urn:newsml:reuters.com:*:nL4N24V1FL
    ** Stationery maker Monami's shares have gained around 130%
so far this month as buyers boycott Japanese pens 
    ** The broader KOSPI market  .KS11  down 0.8%

 ((hayoung.choi.thomsonreuters.com@reuters.net))

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