[Special Feature Stocks] Banks, Insurance, and Securities Financial Stocks Rise Simultaneously

[Asia Economy Reporter Minwoo Lee] Financial stocks, including banks, insurance companies, and securities firms, are on the rise.

As of 2:40 PM on the 2nd, Woori Financial Group's stock price is up 7.68% from the previous day, trading at 9,820 KRW. KB Financial Group is also trading higher by 5.35% at 36,450 KRW. Additionally, Shinhan Financial Group and Hana Financial Group have risen by 4.89% and 4.82%, respectively.

Most insurance company stocks are also trending upward. At the same time, DB Insurance is up 6.12% from the previous day, trading at 46,800 KRW. Samsung Life Insurance has increased by 3.44% to 48,100 KRW. Hanwha Life Insurance is showing a 2.30% rise at 1,560 KRW.

Securities firms' stocks are also on the rise. Kiwoom Securities is trading at 89,500 KRW, up 8.48% from the previous day. It even reached 89,600 KRW at one point, marking a yearly high. Hanwha Investment & Securities recorded a 5.37% increase to 1,865 KRW. Mirae Asset Daewoo (3.01%), KTB Investment & Securities (2.58%), and NH Investment & Securities (2.48%) also rose.