Kwon Sung-dong, "Overcoming political turmoil, stock market is best headed upward."

Kwon Sung-dong, the floor leader of the People's Power Party, said the government and the ruling party will work together with extraordinary determination to stabilize, recover the stock market and do their best for the upward trend.At the opening ceremony of the securities and derivatives market at the Korea Exchange in Seoul, floor leader
said, "The political turmoil that began in December is making it difficult for the people's livelihood economy and the stock market."

He added that the stock market's least favorite thing is uncertainty, adding that he repeatedly apologizes as the ruling party's floor leader in the face of criticism over whether politics is doing its job.

He also stressed that he will continue to make progress in improving regulations in the capital market that do not meet international standards, such as abolishing the financial investment tax, and completing strict punishment and structural improvement for illegal short selling so that individual investors will not be discriminated against reversely.