'Lee Jae-myung theme stocks' have been rising for two consecutive days. This follows the previous day's (26th) not guilty verdict for Lee Jae-myung, the leader of the Democratic Party, in the appeal trial for the violation of the Public Official Election Act.
As of 11:03 a.m. on the 27th, Orient Precision Industries is trading at 11,100 won, up 20.78% (1,910 won) from the previous day in the KOSDAQ market. Hyungji Global went straight to the upper limit on this day.
In addition, Orient Bio, Dongsin Construction, ATEC, e-STARCO, and others classified as theme stocks related to Lee Jae-myung are showing strong performance in early trading today, continuing from yesterday.
Previously, Lee Jae-myung was acquitted in the appeal trial for the violation of the Public Official Election Act the day before. The Seoul High Court's Criminal Division 6-2 (Director General Choi Eun-jung, Lee Ye-seul, Jung Jae-o) overturned the lower court's sentence of one year in prison with a two-year suspension for Lee Jae-myung, who was indicted for violating the Public Official Election Act, and declared him not guilty. It determined that all of former Seongnam Urban Development Corporation Department Head Kim Moon-ki's statements and those related to Baekhyeondong could not be punished as false fact public disclosure.
As Lee Jae-myung's judicial risk has virtually been resolved, it is interpreted that investor sentiment is being concentrated on theme stocks related to Lee Jae-myung. In contrast, theme stocks related to opposition presidential candidates are showing a downward trend. PN POONGNYUN and SG Global, classified as theme stocks for Gyeonggi Province Governor Kim Dong-yeon, recorded their lower limit the day before and are down more than 7% today.