[Featured Stocks] Daedong and TYM Supply Agricultural Machinery to Ukraine... Stock Prices Rise
On the 21st, in the stock market, Daedong and TYM saw their stock prices surge significantly on news that they supplied agricultural machinery to Ukraine.
![[Featured Stocks] Daedong and TYM Supply Agricultural Machinery to Ukraine... Stock Prices Rise](http://www.asiae.co.kr/news/img_view.htm?img=2024112114503819614_1732168238.jpg)
As of 2:50 PM on the same day, Daedong was trading at 11,740 KRW, up 18.59% from the previous day's closing price.
Daedong started the day around the previous closing price but surged in the afternoon following the news of supplying agricultural machinery to Ukraine.
Daedong announced that it had agreed to supply tractors worth 30 billion KRW over three years to a local distributor in Ukraine that imports and sells agricultural machinery.
TYM, another agricultural machinery company, was also up 10.93% at 4,875 KRW at the same time.
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On the same day, TYM donated agricultural machinery worth 550 million KRW to Ukraine, including 20 sets of tractors and implements for farming and disaster recovery, as well as maintenance parts.
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