Korean shipbuilding shares surge on supercycle hope, Trump Trade

Q: How long will it take to read this news story?

The story "Korean shipbuilding shares surge on supercycle hope, Trump Trade" has 680 words across 33 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Korean shipbuilding shares surge on supercycle hope, Trump Trade" was covered 4 hours ago by Korea Economic Daily, a news publisher based in South Korea.

Q: How trustworthy is 'Korea Economic Daily' news outlet?

Korea Economic Daily is a fully independent (privately-owned) news outlet established in 1964 that covers mostly economy news. The outlet is headquartered in South Korea and publishes an average of 1 news stories per day. It's most recent story was published 1 days ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21801708</li><li>URL: https://beamstart.com/news/korean-shipbuilding-shares-surge-on-17221463821697</li></ul>

Korea Economic Daily Logo Korea Economic Daily 4h ago

Korean shipbuilding shares surge on supercycle hope, Trump Trade - Korea Economic Daily

Quick Summary:

Over the past few days, four securities houses have raised their target prices for HD KOSE, eight firms upped target prices for Samsung Heavy and 11 brokerages for HD Hyundai Heavy.“Shipbuilding prices are hovering at elevated levels in recent months due to rising shipbuilding orders.

Shares of the Korean Big Three – HD Korea Shipbuilding & Offshore Engineering Co.(HD KSOE), Hanwha Ocean Co.and Samsung Heavy Industries Co.– as well as other smaller shipbuilders, have risen significantly, reflecting such expectations.

South Korea’s Big Three shipbuilders, also the world’s three largest, stand to benefit from the emerging industry supercycle and the so-called Trump Trade – an investor hope that a second Donald Trump presidency could spell good news for markets.