[Asia Economy Reporter Lee Seon-ae] Seegene, considered a leading company in diagnostic kits, is showing strength following the emergence of the new coronavirus variant Omicron.
On the 29th, Seegene started trading at 79,800 won and surged to 83,900 won in the early session. As of 9:25 AM, it is trading at 78,300 won, up 8.90%. This is the first time Seegene has recovered to the 80,000 won level since last July.
This is interpreted as an effect of Omicron spreading globally, starting from Africa to Europe, Canada, and other regions. Omicron was first reported by South African scientists who discovered a new variant with 32 genetic mutations in the spike protein. The WHO designated Omicron as the fifth variant of concern following Alpha, Beta, Gamma, and Delta. At the same time, other diagnostic kit stocks such as LabGenomics, Sugentech, and Access Bio are also surging.
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