Cement Stocks Surge Amid Upcoming Korean Election

Reported about 12 hours ago

Shares of South Korean cement maker Sungshin Cement Co. skyrocketed by 103% in three days as retail investors react to the presidential election campaigns, particularly those of front-runner Lee Jae-myung. The stock jumped nearly 29% in one day, with other politically-tied stocks also seeing immense gains as speculation grows surrounding government office relocations and related opportunities.

Source: YAHOO

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