South Korea airline shares fall, drugmakers rise on MERS scare


  • World
  • Monday, 01 Jun 2015

SEOUL (Reuters) - South Korean airline and hotel shares dropped on Monday while drugmakers soared, as investors bet on an outbreak of Middle East Respiratory Syndrome (MERS) scaring off tourists and spurring demand for medical supplies.

The health ministry reported three more MERS cases on Monday, taking South Korea's total to 18 since the first confirmation on May 20.

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