The stocks of one South Korean materials manufacturing company, Busan Industrial, have rocketed up by around 500% this year.
It’s reflective of a broader theme on the KOSPI index, with other South Korean construction companies (such as Hyundai Cement, up more than 300%) also posting strong gains in recent months.
A possible reunification of the Korean Peninsula would involve investments in infrastructure such as new road and rail links.
One of the best stock market strategies in recent months has been to bet on companies in South Korea that stand to benefit from strengthening relations with their northern neighbor.
Global markets were relatively subdued in their response to the historic negotiations between US President Trump and North Korean leader Kim Jong Un this week.See the rest of the story at Business Insider
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