S.Korean stocks with N.Korea exposure gain after Kim's New Year address

SHINWON

02/01/2019 01:28

** Shares of South Korean companies with exposure to North
Korea surge after North Korean leader Kim Jong Un says he is
willing to restart Kaesong Industrial Complex without any
conditions  urn:newsml:reuters.com:*:nS6N1MO02M
    ** Kim says inter-Korean relations had entered a "completely
new phase," and offers to resume key inter-Korean economic
projects banned under international and South Korean sanctions,
without conditions  urn:newsml:reuters.com:*:nL3N1Z1011
    ** Companies which have a branch in Kaesong Industrial
Complex in North Korea including Jaeyoung Solutec Co Ltd
 049630.KQ , In The F Co Ltd  014990.KS  and Shinwon Corp
 009270.KS  jump as much as 19.7 pct, 18.5 pct and 13.4 pct,
respectively
    ** Broader KOSPI market  .KS11  up 0.4 pct as of 0122 GMT

 ((Reuters Messaging: joori.roh.thomsonreuters.com@reuters.net))