[Featured Stock] Daejeong Hwagum, Potential Explosion at Ukraine Nuclear Plant... Increased Possession of Essential Iodine Products for Radiation Exposure Protection

Daejeong Chemical is showing strength. The company, which holds iodine products, is gaining attention amid news that the Zaporizhzhia Nuclear Power Plant in southern Ukraine could explode.

As of 11:12 AM on the 22nd, Daejeong Chemical is trading at 18,870 KRW, up 5.07% from the previous day.

According to major foreign media, Russian forces are reportedly constructing new trenches and laying mines around the Zaporizhzhia Nuclear Power Plant and the surrounding city in southern Ukraine. This is analyzed as a measure to prepare for power line cuts or bomb attacks due to Ukrainian offensives.

Overseas military analysts expect Ukraine to conduct military operations to drive out Russian troops occupying the Zaporizhzhia region. There are warnings that Reactor No. 6, the largest reactor in Europe, could become the center of the conflict.

Concerns have also been raised that if the external power lines cooling the reactor are cut due to fighting, the reactor could explode. In the past, the Fukushima Nuclear Power Plant experienced a meltdown when power supply was cut off due to an earthquake and tsunami.

Meanwhile, Daejeong Chemical is believed to be affected by this news as it holds a product line related to iodine. Iodine-based medicines are known as essential pharmaceuticals to prepare for fatal radiation exposure in nuclear accidents or nuclear war.