Mirae Asset Daewoo, Stock Price Up 1.87% at This Time... 'Positive Resolution of Fair Trade Commission-Related Uncertainty'

Mirae Asset Daewoo is trading at 7,070 KRW as of 9:30 AM on the 4th, up 1.87% from the previous day. The trading volume is 1,811,291 shares, which is 19.87% of the previous day's volume. Mirae Asset Daewoo is known as the largest domestic investment bank with the highest equity capital.

On June 1, Go-eun Kim, a researcher at Meritz Securities, stated, "The Fair Trade Commission issued a corrective order and a fine of 4.4 billion KRW related to the Fair Trade Commission’s investigation into Mirae Asset Group affiliates’ internal transactions. The long-standing issue with the Fair Trade Commission, which lasted over two years, has been resolved, eliminating uncertainty. The resumption of the issuance of promissory notes and the possibility of mid-to-long-term IMA approval are positive. Especially, since regulations are appearing on popular existing products such as ELS and private equity funds, if IMA is approved, it is expected to become a killer product. However, there are many variables and burdens related to lawsuits involving U.S. hotel investments and investments in the airline industry." She set the target price for Mirae Asset Daewoo at 8,200 KRW.

Over the past five days, individual investors have net sold 2,338,381 shares of Mirae Asset Daewoo, while foreigners and institutions have net sold 3,916,381 shares and net bought 6,247,514 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.