S.Korea alternative energy shares soar as Biden foresees victory in U.S. election

DONGKUK STRUCTURES & CONSTRUCTION CO

05/11/2020 01:00

** South Korea's alternative energy shares seen to benefit from
Democrat Joe Biden's green-energy proposals soar on reports that
he was headed toward a victory over President Donald Trump in
the U.S. presidential election
** Solar cell manufacturer Hanwha Solutions  009830.KS  up 7.5%,
while steel structure maker Dongkuk Structures & Construction
 100130.KQ  is jumping 7.3%
** Shares of CS Wind Corp  112610.KS , a manufacturer of wind
power towers, up 7.4%     
** Biden said on Wednesday he was headed toward a victory over
Trump in the U.S. election after claiming the pivotal Midwestern
states of Wisconsin and Michigan, while the Republican incumbent
opened a multi-pronged attack on vote counts by pursuing
lawsuits and a recount  urn:newsml:reuters.com:*:nL1N2HQ0VQ        
** The broader KOSPI market  .KS11  and junior KOSDAQ  .KQ11  up
1.42% and 1.49%, respectively as of 0049 GMT
    

 (Reporting by Cynthia Kim)
 ((Cynthia.Kim@thomsonreuters.com; 822 3704 5655; Reuters
Messaging: cynthia.kim.thomsonreuters.com@reuters.net))