Stock Market Update: KOSPI and KOSDAQ Close Lower on Mixed Industry Performance
[비즈니스포스트] The KOSPI and KOSDAQ index closed lower. On the 23rd, the KOSPI index closed at 2623.02, 6.42 points (0.24%) lower than the previous day. ▲ On the 23rd, the KOSPI and KOSDAQ indices closed slightly lower. The photo shows the Hana Bank dealing room after the market closed that day. On this day, the […]
Concerns Rise as Number of ‘Low PBR Stocks’ Increase Post-Election: Will Corporate Value Programme Bring Change?
As the 22nd National Assembly election (general election) came to an end and the stock market fell, it appeared that the number of ‘low PBR stocks’ with a price-to-book ratio (PBR, market capitalization ÷ net assets) of less than 1x increased. . There are voices of hope that the atmosphere will change once the government […]
CleanRap Faces Corporate Rehabilitation Amidst Management Rights Dispute
CleanRap product. /CleanRap home page Clean Ratch, a food packaging company famous for plastic wrap and sanitary gloves, has applied for a court receivership. A week after the management rights dispute lawsuit filed by the founder, the late Chairman Jeon Byeong-soo, and his second son against his eldest son Jeon Ki-young ended in the victory […]
Samsung Electronics Seocho Building in Seoul Experiences Stock Price Dip Amid Exchange Rate Challenges
Samsung Electronics Seocho Building in Seoul on the 9th. /happy news Samsung Electronics (005930) fell below the 80,000 level won. As the exchange rate of the won against the US dollar increased close to 1,400 won, foreign investors appear to be ‘selling’. Samsung Electronics stocks traded at 79,900 won on the stock market at 10:58 […]
Daesan F&B Faces Delisting Risks Amid Ownership Changes and Audit Refusal
Daesan F&B (065150), a KOSDAQ-listed company that ran Mr Pizza, was at risk of delisting due to a refusal to give an opinion on an audit report last year. Daesan F&B changed ownership from former AS Group Chairman Jung Woo-hyun to an investment association in 2017. In the process, it suffered several delisting crises and […]
Foreign Investors Drive Korean Stock Market to Record Highs in Q1
It was found that net foreign investors bought a total of 15.8 trillion won in the Korean stock market in the first quarter of this year. This is the highest level since related statistics began in 1998, following the IMF’s foreign exchange crisis. However, investment in listed bonds was converted into net profit within three […]
Samsung Electronics’ First Quarter Earnings Surprise: Why Did the Stock Price Fall?
/Graphics=Designer Jeong Seung-ah [시사저널e=이승용 기자] Samsung Electronics showed an ‘earnings surprise’ in its first quarter earnings announcement this year, but its stock price actually fell after the earnings announcement. While the general analysis is that concerns about tightening in the US are being reflected in the stock price, some are predicting that Samsung Electronics’ earnings […]
China’s Ultra-Low-Cost Distribution Platforms Boosting Korea’s Petrochemical Industry
Analysis has pointed out that the growth of China’s ultra-low-cost distribution platforms such as Temu, Ali, and Shein will have a positive impact on the performance of domestic petrochemical companies that produce cheap plastics. This is because many of the products sold on these platforms are made of low-cost plastic. A panoramic view of the […]
Interojo Trading Suspended Due to Audit Doubts and Failed Sale Attempt
Contact lens maker Interojo (119610) received a trading suspension from the Korea Exchange due to ‘rejection of audit opinion’. This is because an external auditor has expressed doubts about inventory assets in excess of 47 billion won. Interojo’s recent effort to sell management rights for a ransom of 1 trillion won fell through. Interojo CI. […]
Techwing CI: Hyundai Motor Securities Forecasts Strong Demand Amid Production Expansion
Techwing CI Hyundai Motor Securities forecast on the 5th that demand will support Techwing (089030), a semiconductor inspection equipment company, as it expands production capacity for its ‘Cube Probe’ high bandwidth memory (HBM) inspection equipment. Hyundai Motor Securities maintained its investment view on Techwing as ‘Buy’ and raised its target stock price from 30,000 won […]
