[Featured Stocks] South-North Economic Cooperation Stocks Rise on Speculation of Trump's Election Possibility

[Image source=Yonhap News]

[Asia Economy Reporter Eunmo Koo] Stocks related to inter-Korean economic cooperation are on the rise. As the U.S. presidential election vote count is showing an extremely close race, it is interpreted that the prospect of President Donald Trump being re-elected, which is favorable for North Korea-U.S. relations and further for inter-Korean relations, is influencing the market.

As of 2:20 PM on the 4th, Hyundai Elevator was trading at 39,950 KRW, up 5.13% (1,950 KRW) compared to the previous trading day. At the same time, stocks such as Pureun Technology (8.02%), Ananti (7.55%), Joeun Saramdeul (5.50%), Kyungnong (5.06%), Jaeyoung Solutec (3.67%), and Hyundai Rotem (3.26%) also showed strong performance.