S.Korean pharmaceutical firms surge on first confirmed case of coronavirus
20/01/2020 06:31
** Shares of South Korean pharmaceutical companies surge on
hopes of higher demand for their products after the country
confirmed its first case of a new coronavirus urn:newsml:reuters.com:*:nL4N29P15L
** The patient is a 35-year-old Chinese woman and resident
of Wuhan, China who flew from Wuhan to Incheon international
airport on Sunday, South Korea's Centers for Disease Control and
Prevention said on Monday
** Gene One Life Science Inc 011000.KS , engaged in
biopharmaceutical businesses, and Jin Yang Pharmaceutical Co Ltd
007370.KQ jump 29.8% and 22.4%, respectively
** Other pharmaceutical manufacturer Sinil Pharmaceutical Co
Ltd 012790.KQ , Kukje Pharma Co Ltd 002720.KS and Kyongbo
Pharmaceutical Co Ltd 214390.KS rise as much as 15.2%, 9.6%,
and 7.6% each
** Shares of mask manufacturer Monalisa 012690.KS also
gain 14.5%
** Broader KOSPI market .KS11 up 0.4%, as of 0600 GMT
(Reporting by Joori Roh)