[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.
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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.
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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.
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