[Special Stock] Defense Stocks Including Big Tech Rise Following North Korea Missile Launch
[Asia Economy Reporter Minji Lee] Defense stocks such as Bigtec and Specco are showing an upward trend following news of North Korea's missile launch.
At 2:30 PM on the 2nd in the KOSDAQ market, Bigtec was trading at 2,905 KRW, up 7.59% from the previous session. On the same day, Bigtec surged to as high as 3,190 KRW during the session. Other stocks such as Specco (5.49%), Firstec (2.71%), and Hunid (1.8%) are also maintaining an upward trend.
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In the afternoon, the Joint Chiefs of Staff announced, "North Korea fired two unidentified projectiles into the East Sea near Wonsan." This is the first time North Korea has launched projectiles this year, marking 95 days since November 28 of last year.
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