All data are based on the daily closing price as of May 22, 2024
DAILY MARKET WRAP

JAKOTA Stocks on October 30, 2023

Japan
South Korea
Taiwan
n 182400.KQ j 322510.KQ s 006110.KO o 010060.KO c 2072.TWO y 006740.KO l 051900.KO n 7518.TSE p 4587.TSE c 9697.TSE
Blue Chip 150
Mid and Small Cap 2000
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Propelled by a robust performance from Japan's Nikkei 225 and the encouraging trajectory of JAKOTA indices, the Asia-Pacific stock market demonstrated resilience and growth on October 30th. Despite challenges faced by certain prominent stocks, the overall landscape reflected a positive market sentiment.

Asia-Pacific Stocks Showcase Mixed Performance

Japan (Nikkei 225 Index – NIK): Japanese shares faced a decline on October 31st, with the Nikkei 225 Index dropping by 1.1% to 30,583.50. The negative movement in Japan’s market contributed to the mixed performance in the region.

South Korea (KOSPI Composite Index – 180721): South Korea’s KOSPI Composite Index demonstrated strength, rising by 0.5% to 2,322.79. The positive momentum in South Korean stocks added a touch of optimism to the overall market sentiment.

Taiwan (TWSE Index): Taiwan’s stock market experienced a slight uptick, with the TWSE closing at 16,164.71, reflecting a gain of 0.09%. The market in Taiwan contributed to the mixed trend in the region.

JAKOTA Blue Chip 150 Index also showed a slight decrease, falling by 0.47% to 105.63 USD. This movement signifies some volatility in major blue-chip stocks across the Asia-Pacific.

JAKOTA Mid and Small Cap 2000 Index reflected a modest decline, decreasing by 0.39% to 101.38 USD. This indicates some challenges for mid and small-cap stocks in the regional market.

Top Gainers:

  • NKMAX (182400.KQ) exhibited robust performance with a substantial gain of 18.18%, closing at 9.75 KRW. The company has received a green light from the FDA to perform the first test on dementia cell therapy in the US.
  • JLK (322510.KQ) continued its strong performance with a gain of 15.2% to 17.51 KRW.
  • Sam-A Aluminium (006110.KO) showcased notable growth, posting a gain of 13.47% to 96.9 KRW. The positive movement signaled market confidence in Sam-A Aluminium’s prospects.
  • OCI Holdings (010060.KO) recorded a gain of 12.75% to 75.00 KRW, indicating resilience and positive market dynamics.
  • Century Wind Power (2072.TWO) rounded out the top gainers with a gain of 12.04% to 7.54 TWD following the SEMI report that global silicon wafer shipment growth to bounce back in 2024 after 2023  decline.

Top Losers:

  • Young Poong Paper Mfg (006740.KO) faced headwinds, registering a significant decline of 30.11% to 12.49 KRW. Investors closely watched the company’s performance amid recent challenges.
  • LG Household & Health Care (051900.KO) witnessed a notable downturn, experiencing a loss of 20.59% to 233.63 KRW. The company’s performance reflected challenges in the Q3 of 2023 with sales of 1.7462 trillion won (-6,6%) and operating profit 128.5 billion won (-32,4%).
  • Net One Systems (7518.TSE) encountered challenges, recording a loss of 17.09% to 14.75 JPY. The company recently announced two new partnerships: with Nile in the US and VMware. The company also published a notice on measures to prevent recurrence related to inappropriate acts after a series of fraudulent transactions by their former employees.
  • PeptiDream (4587.TSE) faced a decline of 13.75% to 7.53 JPY. Investors closely monitored the company’s performance after the company published Update on PDL1 Program partnered with Bristol-Myers Squibb.
  • Capcom (9697.TSE) rounded out the list of top losers with a loss of 9.25% to 32.75 JPY after the publication of Consolidated financial results for the 2nd Quarter of FY2023.
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