[Special Stock] iToxxi Rises on Expectations for Russia-Ukraine Peace Talks
Itoksy, which is engaged in Ukraine reconstruction projects, is showing strong performance.
As of 2:08 PM on the 6th, Itoksy is trading at 1,209 KRW, up 10.51% compared to the previous day.
The news that the United States is expected to explain the Trump administration's plan regarding a Ukraine ceasefire to its allies at the Munich Security Conference, scheduled from the 14th to the 16th, is interpreted as having stimulated investor sentiment.
Itoksy completed the establishment of a local JV as the first Korean company and is actively carrying out local reconstruction projects, including signing a joint investment agreement to participate in a project promoted by 'BFG,' the only flat glass manufacturing plant in Ukraine.
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When the Russia-Ukraine war ends, the Ukraine reconstruction projects are expected to proceed more rapidly. On the 5th, Kyobo Securities reported, "In the case of Ukraine's reconstruction projects, the possibility of civil war is low and the likelihood of success is relatively high," adding, "Although Korea's participation through a public-private partnership (PPP) method is limited, there are definitely positive aspects."
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