[Featured Stocks] Youth and Job-Related Stocks Like Ivy Kim Young Surge at Yoon Seok-yeol's Presidential Launch Ceremony

Former Prosecutor General Yoon Seok-yeol is scheduled to hold a press conference at 1 p.m. on the 29th at the Maeheon Yun Bong-gil Memorial Hall in Seocho-gu, Seoul, to announce his presidential candidacy. In the morning, banners and congratulatory wreaths from supporters of former Prosecutor General Yoon were installed in front of the Yun Bong-gil Memorial Hall. Photo by Moon Ho-nam munonam@

[Asia Economy Reporter Ji Yeon-jin] Stocks related to youth employment associated with former Prosecutor General Yoon Seok-yeol surged sharply on the 29th. As former Prosecutor General Yoon officially declared his candidacy for the presidential election on this day, youth employment stocks considered related surged significantly.

Ivy Kim Young traded at 4,550 won, up 30% (1,050 won) from the previous day immediately after the opening of the KOSDAQ market this morning. This stock had already risen more than 15% the previous day and again hit the daily price limit, setting a new 52-week high.

Visang Education also recorded 14,400 won, up 18.93% (2,300 won) as of 10:30 a.m., and Mega MD traded at 6,660 won, up 7.959% (470 won).

These stocks emerged as youth employment-related stocks of former Prosecutor General Yoon after it was reported that he met with labor experts in April and stated, "Solving youth unemployment is the nation's top priority."

Meanwhile, former Prosecutor General Yoon is scheduled to hold a press conference in the afternoon at the Maeheon Yun Bong-gil Memorial Hall in Yangjae-dong, Seocho-gu, Seoul, under the theme "Yoon Seok-yeol speaks to the people," where he will announce his presidential candidacy.