【Focus】New Virus Outbreak in Wuhan 'Lockdown Order', What Is the Impact on South Korea?

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As the novel coronavirus, known as Wuhan pneumonia, has been confirmed in Korea, emergency measures for disease control have been triggered.

Accordingly, the Korea Centers for Disease Control and Prevention raised the infectious disease crisis alert level from ‘Interest’ to ‘Caution’ and strengthened monitoring and response efforts.

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With the recognition that Korea cannot be safe from the spread of the novel coronavirus, related stocks are also stirring.

Companies producing masks and sanitizers recorded upper price limits as soon as the first confirmed case appeared domestically, and with the government raising the response level, there is still much room for future price increases.

Kim Jaeyoon, an expert at ITBC Stock, said, “According to healthcare experts, there is a high concern for spread around the Chinese Lunar New Year.” He added, “Since stock prices may fluctuate depending on future developments, it is advisable to pay close attention.”

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Meanwhile, the securities expert broadcast itbc Stock, with 100,000 members, is providing information on beneficiary stocks related to the ‘Novel Coronavirus’ spread through the link below.

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Stocks of Interest: Bodytech Med, RSUPPORT, Green Cross MS, MS Autotech, New Pride

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