Stocks exposed to North Korea are getting pounded after the sudden breakdown of Trump and Kim's summit

المملكة العربية السعودية أخبار أخبار

Stocks exposed to North Korea are getting pounded after the sudden breakdown of Trump and Kim's summit
المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

South Korean stocks were particularly badly hit, with South Korea's Kospi dropping close to 2%.

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The sudden end to talks saw the two leaders cancel a signing ceremony, after they were unable to strike an agreement on North Korea's denuclearization.Hyundai Elevator, a branch of South Korean conglomerate Hyundai, which provides elevators and escalators, lost as much as 19% of its value on the day. Shinwon Corporation, which manufactures handbags and clothes, was down almost 22%.

"As if on cue, more weak data poured out of China," Jasper Lawler, head of research at London Capital Group wrote in an email. Factory activity in China contracted for a third straight month in February as export orders fell to the lowest level since the global crisis, he said.

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين



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