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Trump's praise caused South Korean pen manufacturer stock prices to big pump by 60%, leading to a halt in sales.
Jin10 data, August 27 - Trump's praise has pushed the stock price of South Korean pen manufacturer MonAmi to its highest level in 19 months, with the stock rising 24% on Wednesday and over 60% in two days, making it the best-performing stock in this week's Seoul Composite Index. On Monday, during his first face-to-face meeting with South Korean President Yoon Suk-yeol at the White House, the pen used by Yoon for signing caught Trump's attention. Trump asked about the pen for two minutes and praised it as a "great pen" after picking it up. Yoon then gifted the pen to Trump. It is reported that this brown pen uses MonAmi's nib and is engraved with a traditional Korean phoenix pattern, handcrafted by Seoul's Zenyle company. Zenyle confirmed on its website that it produced the pen at the request of the South Korean presidential office, and due to a surge in orders, the company has completely suspended the sale of the pens.
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