[Featured Stock] Korea Aerospace Industries Continues Four-Day Rally on Space Industry Optimism... New High
[Asia Economy Reporter Song Hwajeong] Korea Aerospace Industries has been on a strong upward trend for four consecutive days amid expectations for the space industry. It recorded a 52-week high during trading.
As of 10:12 AM on the 4th, Korea Aerospace Industries is trading at 38,450 KRW, up 3,850 KRW (11.13%) from the previous day. During the session, it rose to 38,550 KRW, setting a new 52-week high.
Korea Aerospace Industries has been continuously strong recently due to growing expectations for the space industry.
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On the previous day, Korea Aerospace Industries announced the launch of the 'New Space Task Force (TF)' to proactively respond to changes in the space industry trend. Korea Aerospace Industries aims to complete a company-centered value chain to secure future growth engines in the space market, which is estimated to be worth 500 trillion KRW.
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