S.Korea's Doosan Heavy falls 10 pct on dim outlook for nuclear power business

Doosan Enerbility Co

26/12/2018 06:32

** Shares of Doosan Heavy Industries & Construction
 034020.KS  fall more than 10 pct as co's nuclear power plant
business is hit by govt's nuclear phase-out policy 
    ** Co announced its restructuring plan on Monday, according
to local media, merging six departments into three 
    ** Recently, Korea Investors Service cut co's credit rating
to negative from stable
    ** Broader KOSPI market  .KS11  down 1.3 pct as of 0622 GMT

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