Faseco Stock Surges 14.24% on July 27 as Extreme Heat Wave Boosts Air-Conditioning Appliance Demand in South Korea

According to Korea Exchange, cooling appliance stocks surged on July 27 amid extreme heat conditions across South Korea. Faseco, a window-type air conditioner manufacturer, jumped 14.24% to 7,780 won, while Shiniline Electric, a fan maker, gained 8.94% on the same day.
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