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Pharmaceutical industry stocks hit new high on health minister's resignation

Published: 2007-05-25 06:59:00
Updated: 2007-05-25 06:59:00
The pharmaceutical industry shares closed higher on May 21 as President Roh Moo-hyun accepted the resignation of Health and Welfare Minister Rhyu Si-min who said he wants to rejoin the pro-government Uri Party.

The benchmark KOSPI index climbed 0.99 percent, while major pharmaceutical firms enjoyed strong gains by 2.77 percent on average.

Hami Pharm shot up 7.41 percent from the previous ...

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