Binex stocks shoot up in July

The stocks of Binex Co. a local biopharmaceutical company, surged as much as 14.7 percent to 18,250 won on July 16 amid optimism that its business will improve as the government’s plan to inject 155 billion won into 26 "smart" projects which it hopes to develop as growth engines for the country.

Lately, Binex is all-out to expand their revenues at home and abroad.

The company signed sever...