[Featured Stock] YTN Hits Upper Limit for Two Consecutive Days on Privatization Hopes

[Asia Economy Reporter Ji Yeon-jin] YTN is recording the upper limit price for two consecutive days amid expectations of privatization.

On the 21st, YTN surged to 7,560 KRW, up 29.90% from the previous day, just 20 minutes after the market opened. Following the previous day's closing at the price limit (29.91%), it has soared for two consecutive days.

Earlier, it was reported that KEPCO KDN, the largest shareholder of YTN, is discussing the sale of its shares. Meanwhile, the Korea Economic Daily announced after the market closed on the 16th through an electronic disclosure that it had additionally acquired 69,100 shares of YTN, increasing its holdings from 1,318,597 shares to 1,387,697 shares (3.30%).