All data are based on the daily closing price as of May 24, 2024
JAKOTA Stocks on October 25, 2023
DAILY MARKET WRAP

JAKOTA Stocks on October 25, 2023

Japan
South Korea
Taiwan
m 439090.KQ s 403550.KO b 406820.KQ f 5439.TWO t 214420.KO l 373220.KO p 137400.KQ
Blue Chip 150
Mid and Small Cap 2000
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Asian markets exhibit a mixed bag of results: Japan's Nikkei 225 rides a wave of positive momentum, South Korea's KOSPI takes a dip, while JAKOTA indices reflect subtle movements in both directions.

Mixed Market Trends Across JAKOTA as Japanese Stocks Gain Momentum

Japan (Nikkei 225 Index – NIK): Japanese shares displayed resilience, marking a second consecutive day of gains. The Nikkei 225 Index NIK, +0.67% increased by 0.7%, closing at 31,269.92.

South Korea (KOSPI Composite Index – 180721): In contrast, the KOSPI Composite Index 180721, -0.85% of South Korean stocks experienced a decline, dropping by 0.9% to 2,363.17.

Taiwan (TWSE Index): Taiwan’s TWSE Index exhibited modest growth, closing at 16,358.89, reflecting an increase of 0.30%.

JAKOTA Blue Chip 150 Index witnessed a slight movement from 106.92 to 106.80, indicating a decrease of approximately -0.112% in blue-chip stock performance.

JAKOTA Mid and Small Cap 2000 Index showed a marginal decrease from 102.18 to 102.01, reflecting a decrease of approximately -0.166% in mid and small-cap stock performance.

Top Gainers:

  • MANYO FACTORY (439090.KQ) – 27950 KRW – displayed exceptional strength, surging by 30%. Investors took notice of the stock’s robust performance, contributing to the day’s positive sentiment.
  • SOCAR (403550.KQ) – 19400 KRW – experienced a substantial gain of 22.55%, attracting attention from investors seeking opportunities in the market. The surge in value marked a notable uptrend for the company as it announced working on a project to support the movement of job seekers.
  • BEAUTY SKIN (406820.KQ) – 20350 KRW – demonstrated solid growth, posting an impressive gain of 16.35%. The company’s positive performance drew interest as investors observed the upward trajectory.
  • FIRST HI-TEC ENTERPRISE (5439.TW) – 117.5 TWD – in Taiwan showed resilience, with a notable gain of 9.81%. The company recently announced that it received a certificate of appreciation from Xihan’er charity sale, contributing to the positive performance.
  • TONYMOLY (214420.KQ) – 4665 KRW – in South Korea marked a gain of 9.12%, reflecting positive dynamics in the cosmetics and beauty sector. Investors recognized the company’s performance amid broader market trends.

Top Losers:

  • POSCO FUTURE M (003670.KRX) – 274000 KRW – faced a decline of 10.16%, signaling challenges for the company in the market as Analysts cut target prices on POSCO Future M after slow Q3 earnings.
  • ECOPRO BM (247540.KQ) – 213000 KRW – experienced a decrease of 8.78%, indicating challenges or market adjustments for the company before the upcoming general shareholders meeting.
  • LG ENERGY SOLUTION (373220.KQ) – 409500 KRW – witnessed a decline of 8.7%, despite having a 40% increase in operating profit for the Q3.
  • SERVERWORKS CO LTD (4334.TSE) – 3195 JPY – in Japan faced a decrease of 8.58%, following the publication of second quarter financial results briefing for the fiscal year ending February 2024.
  • PEOPLE & TECHNOLOGY (137400.KQ) – 54400 KRW– experienced a decrease of 8.26%, signaling challenges or adjustments in the market for the company. Investors scrutinized the factors contributing to the decline in stock value.
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