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

JAKOTA Stocks on November 24, 2023

Japan
South Korea
Taiwan
v 338220.KQ i 103590.KO k 281820.KO c 094360.KQ a 1514.TW
Blue Chip 150
Mid and Small Cap 2000
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On Friday, November 24th, the JAKOTA stock markets exhibited a mixed performance, with gains in Japanese stocks, a decline in South Korean stocks, and marginal movements in the Taiwanese index. The JAKOTA indices demonstrated modest increases, indicating a day of nuanced dynamics in the regional stock landscape.

Divergent Trajectories in the JAKOTA Stock Markets: Japanese Shares Up, KOSPI Down, TWSE Stable, JAKOTA Indices Slightly Improved

Japan (Nikkei 225 Index – NIK): Japanese shares showcased strength, increasing by 0.5% to close at 33,625.53. The market’s positive movement reflected investor confidence and specific factors influencing key sectors.

South Korea (KOSPI Composite Index – 180721): The KOSPI experienced a decline, weakening by 0.7% to reach 2,496.63. The South Korean market faced challenges, influenced by sector-specific dynamics and overall market conditions.

Taiwan (TWSE Index): The TWSE saw marginal movements, closing at 17,287.42 with a decrease of 0.04%. The index’s subtle fluctuations were influenced by specific market conditions and external factors.

JAKOTA Blue Chip 150 Index saw a modest increase, closing at 115.25 USD with a gain of 0.20%. Major blue-chip stocks exhibited subtle positive movements, contributing to the index’s stability.

JAKOTA Mid and Small Cap 2000 Index experienced a minor uptick, settling at 109.64 USD with an increase of 0.22%. The movements suggested ongoing stability for mid and small-cap stocks in the regional market.

Top Gainers:

  • Vuno (338220.KQ) surged significantly by 11.48%, closing at 33.98 USD.
  • Iljin Electric (103590.KO) recorded a notable gain of 10.41%, reaching 10.42 USD. The stock benefited from favorable industry conditions and positive investor sentiment.
  • KCTech (281820.KO) showed strength with a gain of 10.26%, closing at 19.50 USD. The company’s positive market moves were influenced by recent developments and increased investor confidence.
  • Chips & Media (094360.KQ) witnessed a gain of 10.21%, closing at 21.50 USD. The stock’s positive movement was supported by the company’s strategic initiatives and improved market conditions.
  • Allis Electric (1514.TW) exhibited growth, recording a gain of 9.91% to close at 1.89 USD. The positive momentum was influenced by strong performance indicators and market optimism.
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