[Featured Stock] Yoon Seok-yeol's Approval Rating Ranks 1st... Seungil Hits Intraday Upper Limit

Yoon Seok-yeol, the presidential candidate of the People Power Party, is giving a speech at the 'Yoon Seok-yeol is Perfectly Suited for Anseong!' campaign rally held at Seoin Intersection in Anseong City, Gyeonggi Province, on the morning of the 17th.
/Anseong=Photo by Kim Hyun-min kimhyun81@

[Asia Economy Reporter Ji Yeon-jin] Seungil is hitting the upper limit price on the 18th as support for Yoon Seok-yeol, the People Power Party's presidential candidate, rises sharply during trading hours.

Seungil has been trading at 16,100 KRW, up 29.84% from the previous day, since 9:31 AM.

The stock price appears to have been driven up after the presidential candidate support poll released the previous day showed Yoon leading Lee Jae-myung of the Democratic Party of Korea.

In the nationwide index survey (NBS) conducted by Embrain Public, K-Stat Research, Korea Research, and Hankook Research from the 14th to the 16th among 1,012 men and women aged 18 and over nationwide, Yoon recorded 40% support while Lee recorded 31% in a four-party hypothetical contest.

Seungil, which produces aerosol cans and others, has been classified as a stock related to Yoon because CEO Hyun Chang-soo is an alumnus of Yonsei University Graduate School along with Yoon Seok-yeol's father, Professor Yoo Ki-jung.