S.Korean railway stocks surge on hopes of inter-Korea economic projects
10/05/2018 01:47
** Shares of South Korea's construction and railway firms
surge on hopes of inter-Korea economic projects after leaders of
South Korea and China agreed that North Korea should be
guaranteed economic aid if it were to undertake complete
denuclearisation urn:newsml:reuters.com:*:nS6N1PJ023
** Hyundai Rotem 064350.KS , manufacturer of railway
vehicles, jumps 5 percent, while Seoam Machinery Industry Co.
100660.KQ surged 29 percent
** Broader market .KS11 up 0.4 pct as of 0044 GMT
((Reuters Messaging: mailto:Cynthia.Kim@thomsonreuters.com))
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S.Korean railway stocks surge on hopes of inter-Korea economic projects