[Featured Stock] YTN Surges with Increased News Consumption... Declaration and Lifting of Emergency Martial Law
YTN, which produces and supplies news programs, is showing strong performance.
As of 9:03 AM on the 4th, YTN was trading on the KOSDAQ market at 3,455 won, up 490 won (16.53%) from the previous trading day.
Earlier, President Yoon declared martial law through an emergency address around 10:23 PM on the 3rd. However, the declaration of martial law became invalid after the National Assembly passed a resolution demanding the lifting of martial law with unanimous approval from all 190 members present.
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- Man in His 30s Dies After Assaulting Father and Falling from Yongin Apartment
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
Subsequently, President Yoon announced in an emergency address to the nation at around 4:27 AM on the 4th, "Due to the National Assembly's demand to lift martial law, the military forces involved in martial law operations have been withdrawn." This marked the lifting of martial law just over six hours after its declaration in the previous day's address to the nation.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.