[Featured Stock] Hyundai Feed Emerges as Beneficiary of Prolonged War... Soars to Upper Limit
[Asia Economy Reporter Lee Seon-ae] The stock price of Hyundai Feed soared to the upper limit on the 21st, recording a limit-up.
As of 9:20 a.m. on the day, Hyundai Feed rose 29.95% compared to the previous trading day, recording 24,300 won. It opened at 24,300 won and immediately went straight to the upper limit. This is a 52-week high.
The feed stocks are showing strength as the conflict between Russia and Ukraine intensifies again.
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The war is showing signs of prolongation, with Russia launching hypersonic missiles at Ukraine. According to AFP on the 20th (local time), the Russian Ministry of Defense stated, "We have launched the latest hypersonic missiles at Ukraine again." The day before, Russia also claimed to have destroyed missile and aircraft ammunition storage in Ivano-Frankivsk, southwestern Ukraine, using Kinzhal missiles.
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