S.Korean shrs with N.Korea exposure fall; U.S. detects activity at N.Korea missile factory
31/07/2018 06:05
** South Korean stocks with exposure to North Korea tumble
after a report said U.S. detected new activity at a North Korean
factory that built intercontinental ballistic missiles (ICBM)
** U.S. spy satellites have detected renewed activity at the
North Korean factory that produced the country’s first ICBMs
capable of reaching the United States, a senior U.S. official
said on Monday, in the midst of talks to compel Pyongyang to
give up its nuclear arms urn:newsml:reuters.com:*:nL1N1UQ1N9 urn:newsml:reuters.com:*:nL4N1UR1IH
** Shares of railway-related companies including Daeho AL Co
Ltd 069460.KS and Daea TI Co Ltd 045390.KQ plunge 4 pct and
5.2 pct, respectively
** South Korean cement producer Hyundai Cement Co Ltd
006390.KS and Korea Cement Co Ltd 198440.KQ dip 3.6 pct and
5.2 pct each
** Clothing companies which have a branch in Kaesung
Industrial Complex in North Korea such as In The F Co Ltd
014990.KS slip 3.4 pct
** Broader market .KS11 remains flat as of 0454 GMT
((joori.roh@thomsonreuters.com;))