Climate Politics
Korea’s Nuclear Renaissance Sends Atomic Power Stocks Soaring
- Nuclear shares rose in August, outpacing benchmark Kospi index
- President Yoon supports nuclear energy in country’s green push
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South Korean President Yoon Suk Yeol’s push for nuclear energy has boosted shares of atomic power-related firms.
Suppliers of nuclear reactor equipment and components including Kepco Engineering & Construction Co. and Korea Electronic Power Industrial Development Co. rose about 10% last month. They outpaced gains in the nation’s benchmark Kospi index, which advanced less than 1%.