[Asia Economy Reporter Minji Lee] As the number of COVID-19 confirmed cases rapidly increases, additional quarantine measures have been implemented to expand remote work for workplaces in the Seoul metropolitan area, leading to a rise in related stocks.
According to the Korea Exchange at 9:29 AM on the 7th, RSUPPORT traded at 10,550 KRW, up 6.24% compared to the previous trading day. Stocks related to remote work such as ECS (9.26%), HuneXion (3.26%), Younglimwon Soft Lab (3.24%), and Ringnet (2.96%) are showing an upward trend.
On the same day, Prime Minister Kim Boo-kyum stated at the Central Disaster and Safety Countermeasure Headquarters meeting held at the Government Seoul Office, "This is an emergency situation that requires all-out efforts to respond to COVID-19." Due to the rapid increase in confirmed cases, existing measures such as banning gatherings of five or more people for one week will be maintained. Additionally, businesses violating quarantine rules will be excluded from government support, and additional quarantine measures, including expanding remote work for workplaces in the Seoul metropolitan area, will be implemented.
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