[Featured Stock] 'Yoon Seok-yeol Theme' Daewon Electric Wire Preferred Shares Show Early Strength

[Asia Economy Reporter Park Soyeon] Daewon Cable preferred stocks are showing strong performance in the early trading session.

As of 9:07 AM on the 17th, Daewon Cable preferred stocks are trading at 7,100 KRW on the KOSPI market, up 1,050 KRW (17.36%) from the previous day.

Daewon Cable has been identified as a related stock due to the fact that outside director Min Byung-do is an alumnus of Seoul National University Law School along with former Prosecutor General Yoon Seok-yeol.

Daewon Cable is a company that mainly manufactures and sells various types of cables, including power and communication cables used in power supply for industrial and utility purposes, information and communication network construction, electrical and electronic devices, automobiles, and various machinery.