[E-Daily Reporter Hyera Lee ] STX Green Logis(465770)hit the daily price limit early in the morning.
According to MP Doctor on the 14th, STX Green Logis is trading at 3,300 won as of 9:16 a.m., up 29.92% from the previous trading day. STX Green Logis has hit the daily price limit for two consecutive days.
This is believed to be due to increased attention on related stocks, such as shipping companies, as tensions in the Middle East escalate once again. U.S. President Donald Trump stated on the 13th (local time) on his social media platform “Truth Social,” “We are resuming the blockade against Iran,” adding, “We will act as guardian angels to protect the Strait of Hormuz, and in return, we will receive a tremendous amount of money.”
STX Green Logis is a bulk carrier that transports coal, iron ore, and agricultural products. Although it has no direct connection to the straits in the Middle East, buying interest appears to be surging amid speculation that a blockade of the straits could cause sea freight rates to skyrocket.