S.Korea travel shares, airlines soar on vaccine hope from Pfizer

Modetour Network

10/11/2020 24:32

** South Korea's travel related shares and airlines soar on
reports drugmaker Pfizer Inc's  PFE.N  COVID-19 vaccine is more
than 90% effective, based on initial trial results, raising hope
for a return to normality.
** Shares of travel agent Hanatour  039130.KS  jumped 13%, while
Redcaptour  038390.KQ  and Modetour Network  080160.KQ  are
rising 7.9% and 9.7%, respectively.
** Shares of Korean Air  003490.KS  leaped 11.2%, Asiana
Airlines is rising 7.9%
** The broader KOSPI market  .KS11  and junior KOSDAQ  .KQ11 
down 0.4% and 1.6%, respectively as of 0025 GMT

 (Reporting by Cynthia Kim; Editing by Tom Brown)
 ((Cynthia.Kim@thomsonreuters.com; 822 3704 5655; Reuters
Messaging: cynthia.kim.thomsonreuters.com@reuters.net))