[Featured Stock] Investor Sentiment Shifts to Safe Assets Amid 'SVB Bankruptcy'... Elcomtec Surges Over 20%
On the 14th, Elcomtec's stock price surged by over 20%, showing strong gains for the second consecutive day.
As of 10:35 AM that day, Elcomtec's stock was trading at 1,557 KRW, up 22.89% compared to the previous trading day. During the session, it even reached 1,640 KRW, close to the upper limit. The day before, Elcomtec's stock price had soared 27% intraday and closed up 14.14%.
Hot Picks Today
![Home Appliance Woes Mount, Yet 45 Trillion Won in Bonuses? Samsung's Risky Asymmetry [Why&Next]](https://cwcontent.asiae.co.kr/asiaresize/93/2022111609212518207_1668558086.jpg)
Home Appliance Woes Mount, Yet 45 Trillion Won ...
- "Major Crash Is Coming... Buy Even If You Have to Skip a Meal" 'Rich Dad' Shares...
- CIA Agent Entered as Tourist... Mexico Protests U.S. Over "Unauthorized Particip...
- The Past of the 'Dumulmeori Body Abandonment' Suspect... Forced a Middle School ...
- "It Was Fantastic" Jensen Huang's Daughter Seals 'Robot Alliance' with LG throug...
Following the news of the bankruptcy of Silicon Valley Bank (SVB) in the United States, investors appear to be focusing on gold-related stocks, which are considered relatively safe assets. Elcomtec holds exploration rights for gold deposits in Mongolia.
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
