Nov 11, 2010

Upturn in Shipbuilding to Continue



The growth rate of stock prices of Korea's shipbuilding companies exceeded that of KOSPI Index in 2010, thanks to an improvement in newbuilding order intakes. 
Shares of STX Offshore & Shipbuilding and Hanjin Heavy Industries & Construction soared by 70% and Hyundai Heavy Industries' jumped 67%. 
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Source: Asiasis

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