[Asia Economy Reporter Park Jihwan] On the 2nd, Kumgang Steel continued its upward trend by rising to the price limit in the stock market.
On the KOSDAQ market that day, Kumgang Steel was trading at 9,540 won as of 10:41 AM, up 29.89% (2,200 won) from the previous trading day. It surpassed the previous 52-week high of 7,930 won. Kumgang Steel also closed up 5.14% the day before.
Kumgang Steel is classified as a 'Yoon Seok-yeol related stock' and continues to fluctuate with news about former Prosecutor General Yoon. Since former Prosecutor General Yoon announced his resignation on the 4th of last month, the stock has surged more than 140% over the past month.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
