Kkaekkeutnara is showing strength. It is interpreted to be influenced by news that the number of COVID-19 patients is expected to approach last year's highest level.
As of 1:39 PM on the 19th, Kkaekkeutnara is trading at 2,845 won, up 8.17% from the previous day.
Hong Jeong-ik, Director of the Infectious Disease Policy Bureau at the Korea Disease Control and Prevention Agency, said in a radio interview on the same day, "The current number of patients is about half of last August's level, but analyzing the summer epidemic trends and patterns over the past two years, we expect that by the end of the month, it may reach the highest epidemic level of last year, around 350,000 cases per week."
Meanwhile, Kkaekkeutnara is a consumer goods company that manufactures and sells industrial paper, tissue paper, masks, hand sanitizers, and more. Due to the recent COVID-19 resurgence, masks and hand sanitizers are sold out on their official online store.
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