[Market Focus] Inter-Korean Economic Cooperation Stocks Rally on News of South Korea-US Trade Deal

As the customs negotiations between South Korea and the United States have been concluded, stocks related to inter-Korean economic cooperation are showing strong gains.

As of 10:16 a.m. on the 31st, JSTINA hit the upper price limit, rising 900 won (29.95%) from the previous trading day to reach 3,905 won. In addition, Good People (26.28%), Ilshin Stone (16.86%), INDF (16.19%), and Ananti (11.84%) are also showing strong performances.

The rise in inter-Korean economic cooperation stocks is interpreted as reflecting expectations following the conclusion of customs negotiations between South Korea and the United States. President Trump announced on social media (SNS) on the 30th (local time), "I am pleased that the United States has reached a complete and comprehensive trade agreement with South Korea," and stated that he would hold a summit meeting with President Lee Jaemyung at the White House within two weeks.

On the 29th (local time), the U.S. government commented on the statement made by Kim Yeo-jung, Deputy Director of the North Korean Workers' Party, saying, "President Trump is willing to talk to anyone in order to provide peace, prosperity, and a normal life to people around the world."