[Special Stock] Monami Highlights 'Entry Ban' Due to Japan's COVID-19... Patriotic Theme Emphasized

[Asia Economy Reporter Yoo Hyun-seok] Monami is soaring. It appears that the announcement by the Japanese government of measures such as a 14-day quarantine for entrants from Korea, a ban on visa-free entry, and the expansion of entry ban areas has influenced the stock price. Monami previously surged as a 'patriotic theme stock' when anti-Japanese sentiment intensified domestically last year.

As of 9:35 a.m. on the 6th, Monami was trading at 3,665 won, up 18.04% (560 won) compared to the previous trading day.

The government defined the Japanese government's strengthened entry restrictions on Koreans, announced the day before as a measure to prevent the spread of the novel coronavirus (COVID-19), as an 'entry refusal' and announced corresponding countermeasures.

Some are pointing out that Japanese Prime Minister Abe Shinz? (安倍晋三) might be trying to shift responsibility for the spread of COVID-19 within Japan to external factors.

Monami surged to 8,950 won on August 6 but has since retreated.

This content was produced with the assistance of AI translation services.