[Featured Stock] Korea Zinc Soars Again on 'Speculative Demand'...
by Park Soyeon
Published 25 Oct.2024 09:09(KST)
Updated 25 Oct.2024 09:10(KST)
Korea Zinc, which is currently undergoing a management rights dispute, surged more than 20%.
As of 9:05 AM on the 25th, Korea Zinc was trading at 1,405,000 KRW, up 267,000 KRW (23.45%) from the previous trading day.
![[Featured Stock] Korea Zinc Soars Again on 'Speculative Demand'...](http://www.asiae.co.kr/news/img_view.htm?img=2024072208164559128_1721603806.jpg)
Following this, Korea Zinc recorded a limit-up price the previous day as well, fueled by expectations of on-floor buying from both parties. The closing price the previous day was 1,138,000 KRW, up 262,000 KRW (29.91%) from the prior day. With this, Korea Zinc, along with Samsung Biologics, became one of only two "emperor stocks" on the KOSPI market with a stock price exceeding 1 million KRW.
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