[Featured Stock] Dongil Rubber Belt Rises for Two Consecutive Days Following Busan Mayor Oh Keo-don's Resignation

[Asia Economy Reporter Geum Bo-ryeong] Following Busan Mayor Oh Keo-don’s admission of forcibly molesting a woman and his subsequent resignation, Dongil Rubber Belt has shown a strong performance.

According to the Korea Exchange on the 24th, Dongil Rubber Belt’s stock price was 6.12% higher than the previous session at 9:25 a.m., reaching 6,430 KRW. The day before, Dongil Rubber Belt recorded a limit-up with a 29.97% increase.

Dongil Rubber Belt is known to have Kim Se-yeon, a member of the United Future Party, as a major shareholder. Kim is currently attracting attention as a potential candidate for the next Busan mayor. Dongil Rubber Belt manufactures electric belts, conveyor belts, and other products.

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