[Asia Economy Reporter Lee Seon-ae] Shipping stocks are showing an upward trend on the 10th.
As of 9:44 AM, Daehan Shipping is trading at 3,600 KRW, up 2.56% from the previous day. HMM is up 3.47% at 20,850 KRW, and Pan Ocean is at 5,890 KRW, up 1.38%. This continuous rise is interpreted as ongoing optimism about improved earnings due to the increase in shipping freight rates.
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