[Featured Stock] Investor Sentiment Shifts to Safe Assets Amid 'SVB Bankruptcy'... Elcomtec Surges Over 20%

On the 14th, Elcomtec's stock price surged by over 20%, showing strong gains for the second consecutive day.

As of 10:35 AM that day, Elcomtec's stock was trading at 1,557 KRW, up 22.89% compared to the previous trading day. During the session, it even reached 1,640 KRW, close to the upper limit. The day before, Elcomtec's stock price had soared 27% intraday and closed up 14.14%.

Following the news of the bankruptcy of Silicon Valley Bank (SVB) in the United States, investors appear to be focusing on gold-related stocks, which are considered relatively safe assets. Elcomtec holds exploration rights for gold deposits in Mongolia.