[Asia Economy Reporter Ji Yeon-jin] Dongbang Sunki is soaring sharply from the beginning of trading on the 26th.
As of 9:23 AM on the same day, Dongbang Sunki is trading at 2,410 KRW, up 19.95% compared to the previous day. During the session, it even traded as high as 2,530 KRW.
Dongbang Sunki, a local company based in Busan, is a pipe material manufacturer classified as a Gadeok New Airport theme stock, and it jumped 21.96% on the 22nd as well. This followed news on the 19th that the National Assembly Land, Infrastructure and Transport Committee had tentatively agreed to include a clause exempting the preliminary feasibility study (PFS) in the "Gadeokdo New Airport Special Act."
President Moon Jae-in visited the planned site of Gadeokdo New Airport the day before and stated regarding the Gadeokdo New Airport Special Act, "I hope for prompt legislation so that this long-standing wish can be fulfilled as soon as possible."
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