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[Alpha Biz=(Chicago) Reporter Kim Jisun] Investor sentiment in secondary battery stocks has not been extinguished. The surge of leading stocks continues and is heating up.
According to the Korea Exchange on the 31st, Kum Yang closed at 159,100 won, up 18.64% from the previous trading day. It is analyzed that investor sentiment is gathered on the news of investing in new rechargeable battery facilities. Kum Yang earlier announced that it will spend 17.5 billion won to build mass-production facilities for secondary batteries in the Gijang plant after the closing of the market on the 28th, the previous trading day.
The investors who boosted the stock price are foreigners. On this day, foreigners bought 38.7 billion won worth of Kum Yang shares. This is the third largest daily net purchase this month.
The Ecopro group also showed strong performance. Ecopro closed at 1,207,000 won, up 9.33% from the previous trading day.
It was on the rise from the beginning of the market and successfully recaptured 1.2 million won. It is the first time since the 26th that Ecopro's stock price closed at around 1.2 million won based on the closing price. Foreigners also bought a net KRW 11.2 billion worth of stocks, raising stock prices. EcoproBM (2.82%) and EcoproHen (4.12%) also closed higher.
POSCO Group shares such as POSCO (POSCO) Holdings (3.72%), POSCO Future M (3.33%) and POSCO DX (12.1%) were also strong. LS Group shares such as LS (7.56%), LS ELECTRIC (4.65%), and LS Networks (3.38%), which have recently been linked to secondary battery-related stocks, continued to rise.
The KOSDAQ index gained ground on the strength of secondary batteries. KOSDAQ closed at 935.97, up 22.23p (2.43%) from the previous trading day. The index opened at 923.01, up 9.27p (1.01%) from the previous day, and then expanded to settle at 930.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
