S.Korea construction, railway shares jump on resumed N.Korea-U.S. summit talks

SHINWON

28/05/2018 01:10

** Shares in South Korean construction and railway firms
surge after U.S. President Donald Trump on Sunday said his
officials and North Korea have resumed talks to prepare a summit
in June.  urn:newsml:reuters.com:*:nL2N1SY065
    ** Shares of Shinwon Corp, which used to operate factories
in the Kaesong industrial region near the demilitarized Zone,
jumped 22 percent, while Hyundai Engineering & Construction
gained 24 percent. 
    ** Shares of Halla Corp.  014790.KS  jumped 27 percent. 
    ** Hyundai Elevator  017800.KS  gained 26 percent.
    ** The broader market  .KS11  was up 0.6 pct as of 0019 GMT.
    ** The Kosdaq  .KQ11  junior share index was up 0.5 percent.

 ((Reuters Messaging: mailto:Cynthia.Kim@thomsonreuters.com))