SEOUL Shares in Hanmi Science and LG Display have soared in the month since South Korean President Moon Jae-in took office on May 10, while SK Innovation and Korea Electric Power, or Kepco, have seen their stock tumble, illustrating the wide disparity in reactions to the new administration's economic policies.
Drugmaker Hanmi's shares jumped 33.42% to 87,000 won between May 8 and June 9, making it the biggest gainer of the 42 South Korean companies included in 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.
