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As the novel coronavirus, called Wuhan Pneumonia, has been confirmed in Korea, an emergency has been raised for disease countermeasures.
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.
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With the spread of the novel coronavirus, the perception that Korea cannot be safe has caused related stocks to fluctuate.
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 health experts, there is a great concern about the spread around the Chinese Lunar New Year.” He added, “Since stock prices may fluctuate depending on future developments, it is advisable to pay special attention.”
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Meanwhile, itbc Stock, a securities specialized broadcast with 100,000 members, provides information on beneficiary stocks related to the ‘novel coronavirus’ spread through the link below.
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Stocks of interest: Mediance, Seorin Bio, KM Pharmaceutical, Jinyang Pharmaceutical, Kookje Pharmaceutical
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