You are here

S Korea's 20t won stimulus plan lifts builders from 11-year lows

BT_20160711_KOREA_2378017.jpg
The government sees the stimulus adding 0.2 to 0.3 percentage point to growth this year, a welcome boost for the economy.

Seoul

A 20 TRILLION won (S$23 billion) stimulus boost couldn't have come at a better time for Korean builder stocks languishing near 11-year lows.

Hyundai Development Co Engineering & Construction and GS Engineering & Construction Corp rose 3 per cent or more on June 28

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom