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Politics

Market filters winners and losers in first month of Moon presidency

Hanmi Science tops South Korea's Asia300, while SK Innovation posts worst performance

SEOUL -- Shares in Hanmi Science and LG Display have soared in the month since South Korean President Moon Jae-in took power on May 10, while SK Innovation and Korea Electric Power, or Kepco, saw their stock tumble, illustrating the wide disparity in reactions to the new government's economic policies.

Pharmaceutical company Hanmi's shares jumped 33.42% to 87,000 won between May 8 and June 9, leading the gains among 42 South Korean companies that are part of the Nikkei's Asia300 index. Panel maker LG Display saw the second biggest rally, rising 20.72% to 36,700 won during the same period. The benchmark Kospi index rose 3.87% to 2,381.69 over the month.

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