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[Featured Stock] Yoon Impeachment Trial D-1… iMBC Up 3.16%

The stock price of iMBC, the broadcaster related to news, is on the rise a day before the impeachment ruling of President Yoon Suk-yeol.

[Featured Stock] Yoon Impeachment Trial D-1… iMBC Up 3.16%

As of 9:16 a.m. on the 3rd, iMBC was trading at 5,220 won, up 160 won (3.16%) from the previous trading day.


The Constitutional Court will deliver its ruling on President Yoon's impeachment case at 11 a.m. on the 4th in the Grand Bench of the Constitutional Court. Earlier, the National Assembly referred the impeachment case on the grounds that President Yoon violated the Constitution and laws by declaring emergency martial law on December 3 last year and deploying the military to the National Assembly and the Central Election Commission.


If the Constitutional Court upholds the impeachment, President Yoon will be removed from office. Conversely, if the case is dismissed or rejected, President Yoon will immediately return to his duties. A removal decision requires the approval of at least six of the eight sitting justices.


So far, MBC has been widely perceived as opposing the Yoon Suk-yeol administration, and following the martial law incident, the impeachment political situation unfolded, bringing attention to MBC news.


© The Asia Business Daily(www.asiae.co.kr). All rights reserved.


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