S.Korea's seafood stocks surge as govt vows to counter Japan's radioactive water
14/08/2019 02:46
** South Korea's seafood processing firms surge as investors
see sales growth of local firms after the government puts
pressure on Japan over radioactive water discharged from
Fukushima plant
** Ministry of Foreign Affairs says in a briefing it will
actively seek Japan's stance and more information regarding
radioactive water and its plan to handle the waste
** The government also plans to deal with the problem in
collaboration with international organisations and Pacific
countries that could be affected by the problem - ministry
** Shares of CJ Seafood 011150.KS and Dongwon Fisheries
030720.KS surge as much as 30% and 25%, respectively, while
Sajo Sea Food 014710.KS jumps more than 15%
** In a report https://www.greenpeace.org/international/press-release/20351/technical-failures-increase-risk-of-contaminated-fukushima-water-discharge-into-pacific-greenpeace
issued in January, Greenpeace says nuclear water crisis at
Fukushima plant has been compounded by multiple technical
failures, saying the issue remains unresolved
** The broader KOSPI market .KS11 was trading up 1.1%
((hayoung.choi.thomsonreuters.com@reuters.net))