[Special Stock] iToxxi Rises on Expectations for Russia-Ukraine Peace Talks
Itoksy, which is engaged in Ukraine reconstruction projects, is showing strong performance.
As of 2:08 PM on the 6th, Itoksy is trading at 1,209 KRW, up 10.51% compared to the previous day.
The news that the United States is expected to explain the Trump administration's plan regarding a Ukraine ceasefire to its allies at the Munich Security Conference, scheduled from the 14th to the 16th, is interpreted as having stimulated investor sentiment.
Itoksy completed the establishment of a local JV as the first Korean company and is actively carrying out local reconstruction projects, including signing a joint investment agreement to participate in a project promoted by 'BFG,' the only flat glass manufacturing plant in Ukraine.
Hot Picks Today
Despite "Insufficient Balance" Notices, They Board Anyway... Reports of Foreign Fare Evasion Mounting
- "If It Helps My Child's Studies, It's Worth Every Penny"... U.S. Parents Open Their Wallets for $10,000 Tests
- [Exclusive] "We Came for a KRW 140,000 Trip": Following Chinese Tourists in Korea Uncovers a 'Suspicious' Tour
- "I'm paying to stay, and you want me to do the laundry and dishes too?" ... Airbnb bans excessive cleaning demands
- "Baek Jongwon Had Been Quiet, Then Hit It Big"... Waits in the 100s in U.S. Despite KRW 46,000 Pork Belly
When the Russia-Ukraine war ends, the Ukraine reconstruction projects are expected to proceed more rapidly. On the 5th, Kyobo Securities reported, "In the case of Ukraine's reconstruction projects, the possibility of civil war is low and the likelihood of success is relatively high," adding, "Although Korea's participation through a public-private partnership (PPP) method is limited, there are definitely positive aspects."
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.