On the 2nd, small and mid-cap robot theme stocks are showing strong performance.

Minister Kim Young-hoon observes the voting on the partial amendment bill of the Trade Union and Labor Relations Adjustment Act at the 2nd plenary session of the 428th National Assembly (extraordinary session) held at the National Assembly in Yeouido, Seoul on the 24th. /Courtesy of News1

As of 9:16 a.m. on that day, GENIC is trading at 9,060 won, up 790 won (9.55%) from the previous trading day. TXR Robotics (9.52%), NAU Robotics (4.43%), Angel Robotics (3.86%), and ROBOTIS (2.05%) are also showing a strong performance.

Since the Yellow Envelope Law passed the National Assembly, investment sentiment in robot stocks continues to be concentrated. The Yellow Envelope Law primarily expands the scope of users and labor dispute targets, and limits corporate claims for damages against striking workers. Consequently, there are forecasts that the automation of production facilities using robots will accelerate.

Initially, after the passage of the Yellow Envelope Law, the stock prices of large robot companies surged significantly, but recently attention has shifted to small and mid-cap robot stocks. It is interpreted that investment capital, feeling burdened by the rapidly rising stock prices in the short term, is being funneled into small and mid-cap robot stocks. In fact, on that day, Doosan Robotics and Rainbow Robotics have only increased by around 1%.

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