[Featured Stock] Shilla Textile, Which Hit the Upper Limit Yesterday, Surges for Two Consecutive Days
[Asia Economy Reporter Ji Yeon-jin] Shilla Textile surged for the second consecutive day on the 29th, reaching a 52-week high.
As of 9:40 AM on the same day, Shilla Textile was trading at 3,600 KRW, up 18.49% from the previous day. The stock price even rose to 3,645 KRW during the session.
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Following the government's policy announcement to invest 1.4 trillion KRW in the textile fashion industry and create 36,000 jobs, Shilla Textile was linked to the Korean New Deal stocks, causing its closing price the previous day to rise to the price limit (30%) of 3,055 KRW.
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