[Edaily Reporter PARK MIN ] As record-breaking heat waves and high humidity persist nationwide, stocks related to dehumidifiers and air conditioners are showing strong gains. According to MP Doctor, WINIX INC. settled at the daily price limit of 6,270 won—a 29.95% increase—at 9:06 a.m. today. The price limit was subsequently lifted, and as of 9:25 a.m., the stock is trading at 6,080 won (up 26.01%). WINIX INC. is a leading home appliance manufacturer with a high market share in South Korea for air purifiers and dehumidifiers. It is believed that expectations for increased summer sales are being reflected in the stock price. At the same time, PASECO CO.LTD(037070)is also trading at 7,790 won, up 17.85%. This is interpreted as buying interest flowing in as expectations for expanded sales of seasonal summer appliances, such as window-type air conditioners and dehumidifiers, come into focus. Analysts suggest that if sales of dehumidifiers increase alongside those of cooling appliances, the improvement in earnings during the peak seasonal period could be even greater.
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