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Trump's Praise of Pen Spurs 60% Rally in S. Korean Stationery Stock
The Straits Times
|August 28, 2025
A compliment from US President Donald Trump sent shares of a South Korean pen maker to their highest level in 19 months.
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SEOUL —
The pen is a custom-made fountain pen crafted by non-listed Zenyle, a South Korean company known for its handmade wooden writing instruments, using a nib from Monami, a listed stationery company.
Monami shares jumped as much as 24 per cent on Aug 26, bringing their two-day gains to more than 60 per cent.
The brown pen features engravings of a Korean traditional phoenix that was handmade by Zenyle.
This story is from the August 28, 2025 edition of The Straits Times.
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