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Tuesday, January 23, 2018

Korean Shipbuilders Lead Stock Market Rise

Maritime Activity Reports, Inc.

July 2, 2012

Seoul shares open higher on EU deal; shipbuilders lead

According to Reuters, Seoul shares rose at market opening on Monday, poised for a third-straight winning session as investors welcomed an agreement by Eurozone leaders to directly recapitalize the region's troubled banks and ease soaring debt costs in Spain and Italy.

Early gains were led by shipyards, as Samsung Heavy Industries climbed 3 percent while Daewoo Shipbuilding & Marine Engineering rose 2.5 percent.

Maritime Reporter Magazine Cover Dec 2017 - The Great Ships of 2017

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