[Featured Stock] 'Political Theme Stock' Kolon Mobility Rises Over 17% in Early Trading
The stock price of Kolon Mobility Group, classified as a political theme stock, is showing a sharp rise of around 17% in the early trading session on the 24th.
According to the Korea Exchange, as of 9:52 a.m. on the day, Kolon Mobility Group's stock is trading at 3,395 won per share, up 17.07% compared to the previous session.
Kolon Mobility Group is considered a 'Woo Won-sik related stock' because its CEO is a high school classmate of Woo Won-sik, the Speaker of the National Assembly from the Democratic Party and a potential presidential candidate. Amid the ongoing impeachment political situation, news that the second trial sentencing hearing for Lee Jae-myung, leader of the Democratic Party of Korea, on charges of violating the Public Official Election Act may be held as early as the 26th of next month has led to a surge in demand for political theme stocks on this day.
Hot Picks Today
"Samsung Electronics Eyes Special Dividend of Up to 125 Trillion Won"...Foreign Investors Shift from Common to Preferred Shares
On the same day, other Woo Won-sik theme stocks, Bankware Global and Hyosung O&B, are showing gains of 4.4% and 1.8%, respectively.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.