[Featured Stock] 'Yongsan Theme Stocks' Surge as Blue House Relocation Candidate Site

[Image source=Yonhap News]

[Asia Economy Reporter Ji Yeon-jin] As President-elect Yoon Seok-yeol officially announced the relocation of the Blue House to Yongsan, stocks related to Yongsan surged on the 21st.

Natural & Environment soared to the upper limit price early in the KOSDAQ market. Afterwards, the stock price slightly dropped and was trading at 1,975 KRW, up 24.21% (385 KRW) compared to the previous day as of 9:51 AM.

Natural & Environment is considered a stock related to the Blue House relocation to Yongsan as it had previously secured a project to create a forest path connecting Seoul Station to Yongsan Station.

At the same time, Clean Nation, headquartered in Yongsan, was trading at 4,620 KRW, up 11.46% (475 KRW) compared to the previous day.