J. ESTINA shares went straight to the upper limit shortly after its opening after news broke that Kim Ki-moon, chairman of the Korea Federation of Small and Medium Business, will accompany the United Arab Emirates (UAE) economic delegation. Chairman Kim is the chairman of J. ESTINA.
According to the Korea Exchange on November 11, J. ESTINA closed at 3,360 won, up 775 won (29.98%) from the previous trading day. The stock price started at 2,775 won and soared to 3,360 won at once.
The strong J. ESTINA, which did not have any significant favorable factors, is attributed to expectations for benefits from the UAE economic delegation.
The economic delegation accompanying President Yoon's trip consisted of representatives of 100 companies, including 24 large companies, 69 small and medium-sized companies, and 7 economic organizations and association associations. Chairman Kim decided to attend as the chairman of the Korea Federation of Small and Medium Business.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
