CS Wind showed strong performance during the visit to the US president's factory

COMPANY / Reporter Paul Lee / 2023-12-01 04:02:25
 

 

[Alpha Biz=(Chicago) Reporter Paul Lee] CS Wind gained strength on news of US President Joe Biden's visit to a local plant on 30th.

According to the Korea Exchange, CS Wind closed at 53,500 won, up 2,200 won (4.29%) from the previous trading day.

CS Wind, which rose nearly 3% in the early part of the market, increased its gains in the afternoon. It soared by nearly 5% during the day.

The news that President Biden visited the company's plant in Pueblo, Colorado, on the previous day (local time) is believed to have affected investor sentiment.

CS Wind, the world's largest wind tower manufacturer, is expanding its facilities at a cost of $ 200 million (258.6 billion won), which was acquired in 2021.

 

Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)

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