S.Korea's Hanjin Kal stumbles after Delta's stake buy

Jin Air

21/06/2019 01:44

** Shares of Hanjin Kal  180640.KS , the parent of Korean
Air Lines  003490.KS , fall as much as 7.1% after Delta Air
Lines'  DAL.N  stake buy in the parent of its joint-venture
partner 
    ** Delta said it had acquired a 4.3% stake in Hanjin Kal,
with a view toward expanding across Asia  urn:newsml:reuters.com:*:nL2N23R0MO
    ** Shares of Korean Air drop 1.8%, while budget affiliate
Jin Air  272450.KS  adds 0.9%
    ** The broader KOSPI market  .KS11  down 0.2%

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