[Special Stocks] Kkaekkeuthan Nara and Monalisa Expected to Benefit from China's Sanitary Pad Crisis

On the 29th, the stock prices of sanitary pad manufacturers such as Kkottkeun Nara and Monalisa surged in the stock market.

Clean Nara's eco-friendly sanitary pad 'Pure Cotton for Nature'
[Photo by Clean Nara]

'Kkottkeun Nara' showed a sharp rise from the beginning of the trading session and quickly reached the price limit. Throughout the day, no sell orders appeared, maintaining the upper limit price of 2,520 won. The preferred stock 'Kkottkeun Nara Woo' also rose to the price limit, trading at 14,660 won.

Monalisa traded at 3,060 won, up 13.10% in one day. It rose to 3,470 won in the morning session but gave up some of the gains. Recently, its stock price had been declining to as low as 2,640 won but suddenly rebounded sharply on this day.

The sharp rise in the stock prices of the two companies is interpreted as reflecting expectations that domestic companies will benefit from the sanitary pad controversy in China.

According to foreign media reports on the day, quality issues with domestically produced sanitary pads in China have sparked consumer complaints.

There have been repeated evaluations that the actual product sizes differ from the labeled sizes or that the products are unhygienic, leading to panic buying of imported products.