S.Korean hydrogen car parts companies surge on govt support plan
19/12/2018 03:00
** Shares of hydrogen-powered car parts companies gain after
South Korean government announces a plan to expand use of
hydrogen fuel-cell cars and raise subsidies for the vehicles
urn:newsml:reuters.com:*:nL3N1YN1H3
** Iljin Diamond Co Ltd 081000.KS , parent company of
composite hydrogen tank producer Iljin Composites, soars 17 pct
** GMB Korea Corp 013870.KS , which supplies water pumps to
Hyundai Motor 005380.KS and Kia Motors 000270.KS , also jumps
30 pct
** The broader KOSPI market .KS11 was trading up 0.6 pct
as of 0254 GMT
((Reuters Messaging:
ju-min.park.thomsonreuters.com@reuters.net))
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