All data are based on the daily closing price as of May 24, 2024
DAILY MARKET WRAP

JAKOTA Stocks on December 5, 2023

Japan
South Korea
Taiwan
h 000240.KO e 294090.KQ s 052020.KQ s 096530.KQ a 1514.TW s 011810.KO p 031980.KQ l 328130.KQ v 6409.TW n 6254.TSE
Blue Chip 150
Mid and Small Cap 2000
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On Tuesday, December 5th, the JAKOTA stock markets witnessed a mixed performance, with declines in Japanese and South Korean stocks, a marginal decrease in the Taiwanese index, and stability in JAKOTA indices. The day saw significant movements among top gainers and losers across various sectors.

Challenging Day for JAKOTA Stocks: Major Indices in Japan, South Korea, and Taiwan Dip, JAKOTA Indices Also Experience Declines

Japan (Nikkei 225 Index – NIK): Japanese shares faced a substantial decline, falling by 1.4% to close at 32,775.82. The market’s negative movement reflected specific factors influencing key sectors, contributing to cautious investor sentiment.

South Korea (KOSPI Composite Index – 180721): The KOSPI displayed a notable weakening, dropping by 0.8% to 2,494.28. South Korean stocks encountered challenges, influenced by industry-specific dynamics and overall market conditions.

Taiwan (TWSE Index): The TWSE demonstrated a marginal decline, closing at 17,328.01 with a decrease of 0.54%. Sector-specific factors contributed to the slight downward trend in Taiwan’s stock market.

JAKOTA Blue Chip 150 Index saw a notable decrease, closing at 115.46 USD, indicating negative movements in major blue-chip stocks.
JAKOTA Mid and Small Cap 2000 Index experienced a decline, settling at 110.83 USD with a decrease of 0.67%.

Top Gainers:

  • Hankook & Company (000240.KO) surged impressively by 29.84%, closing at 16.14 USD, following the announcement that private equity firm MBK Partners has launched a tender offer to acquire a minimum of a 20.35% stake in Hankook & Co.
  • EOFLOW (294090.KQ) recorded a substantial gain of 15.94%, reaching 8.29 USD. Positive industry trends and improved market conditions supported the stock.
  • STCube (052020.KQ) showed strength with a gain of 14.47%, closing at 7.69 USD. Recent developments and increased investor confidence contributed to the positive movement.
  • Seegene (096530.KQ) exhibited robust growth, recording a gain of 12.12% to close at 19.39 USD. Strong performance indicators and market optimism fueled the positive momentum.
  • Allis Electric (1514.TW) demonstrated growth, closing at 2.41 USD with a gain of 10.37%. Sector-specific factors and favorable market conditions influenced the positive movement.

Top Losers:

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