[Special Stock] COVID-19 Diagnostic Kit-Related Stocks Rise on Potential US Export Opportunities

[Image source=Yonhap News]

[Asia Economy Reporter Eunmo Koo] Stocks related to novel coronavirus disease (COVID-19) diagnostic kits continue to show strong performance. It is interpreted that the news of diagnostic kits being exported to the United States is having an impact.

As of 9:41 a.m. on the 26th, Seegene was trading at 108,100 KRW, up 22.70% (20,000 KRW) compared to the previous trading day. At the same time, Suzentec, EDGC, JinMatrix, LabGenomics, and PCL also showed double-digit increases.

Earlier, on the previous day, President Moon Jae-in visited Seegene's headquarters and held a meeting with representatives of five bio-venture companies. President Moon stated, "On the 24th, U.S. President Donald Trump also urgently requested support for diagnostic kits and other quarantine supplies."