Unidus Corp. 044480, +14.92% rallied nearly 15% to 3,129 won ($2.83) a share on the Korea Stock Exchange, before circuit breakers designed limit wild stock swings kicked in. The move marked the best one-day percentage gain in a month for the condom company.
In decriminalizing adultery, the Constitutional Court declared that matters of love and marriage should be determined by freewill and emotions rather than dictated by the constitution.
Ok
The adultery law was adopted in 1953 to ostensibly protect wives from straying husbands in a patriarchal society. It was challenged several times since its introduction, most recently in 2008 by popular actress Ok So-Ri who was convicted of cheating on her husband.
The repeal of the law is expected to pave the way for some 3,000 people who had been convicted of adultery since 2008 to seek a new trial or restitution.
By Sue Chang
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