[Special Stock] Jeonjin Construction Robot Surges Over 20% on Ukraine Ceasefire Talks
Jeonjin Construction Robot is showing a strong gain of over 20% in the early trading session on the 13th. This is interpreted as buying sentiment pouring into Jeonjin Construction Robot, a Ukrainian reconstruction stock, as U.S. President Donald Trump's mediation efforts to end the Ukraine war gain momentum.
As of 9:21 a.m. on the same day, Jeonjin Construction Robot is trading at 69,500 won, up 12,900 won (22.79%) from the previous trading day.
On the 12th (local time), President Trump held consecutive calls with Vladimir Putin, President of Russia, and Volodymyr Zelensky, President of Ukraine, the leaders directly involved in the Ukraine war. During the call with President Putin, they agreed to immediately start ceasefire negotiations, and he also received a positive response during the subsequent call with President Zelensky.
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Jeonjin Construction Robot is the largest concrete pump car (CPC) manufacturer in Korea and is considered a representative Ukrainian reconstruction stock. It has postponed its investment in Vietnam to focus on the Ukraine reconstruction projects set to begin this year.
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