S.Korea's N.Korea-related shares extend gains on Kim Jong Un's China visit

Jaeyoung Solutec Co

28/03/2018 02:02

** Shares of South Korean companies which have exposure to
North Korea extend gains 
    ** China said on Wednesday it won a pledge from North Korean
leader Kim Jong Un to denuclearise Korean peninsula  urn:newsml:reuters.com:*:nL3N1R96PT
    ** China said Kim had visited Beijing and met Xi during what
the official Xinhua news agency called an unofficial visit from
Sunday to Wednesday
    ** Hyundai Elevator Co  017800.KS , the biggest stakeholder
in Hyundai Asan, which has previously engaged in a number of
North Korea-related projects, rises 4.4 pct 
    ** Companies which used to own a branch in Kaesong
Industrial Complex in North Korea, such as Shinwon  009270.KS 
and In The F  014990.KS  gain 5.8 pct and 4.9 pct, respectively
    ** Jaeyoung Solutec  049630.KQ  rises up to 9.9 pct
    ** Broader market  .KS11  down 1.3 pct as of 0052 GMT

 ((Reuters Messaging: dahee.kim@thomsonreuters.com))