[Featured Stock] WISCOM, Partnered with LG Chem, Hits 52-Week High

[Asia Economy Reporter Ji Yeon-jin] WISCOM, a partner company of LG Chem, hit the daily price limit on the stock market on the 22nd.

WISCOM surged 29.97% to 4,120 KRW, the daily upper limit, during the morning session, breaking its 52-week high. As of 9:55 AM, the stock slightly retreated and was trading around 4,050 KRW.

WISCOM produces and sells PVC, PE, and high-performance resin compounds used for electric wires, automotive interiors, construction materials, and general household appliances (including those used for semiconductors, medical purposes, and ships). As a partner of LG Chem, it handles compounding processing of LG Chem’s ABS resin, EP resin, and PMMA resin.