Pureun Savings Bank, 'Yoon Seok-ryeol Theme Stock' Surges... 52-Week High

[Asia Economy Reporter Ji Yeon-jin] Pureun Savings Bank is showing strong performance in the KOSDAQ market on the 9th.

[Image source=Yonhap News]

On that day, Pureun Savings Bank's stock price soared to the daily price limit of 130,750 won during the morning session, marking a 52-week high. Afterwards, the stock price fell slightly, and as of 11:10 AM, it was trading at 12,400 won, up 16.04% compared to the previous day.

The surge in the company's stock price is attributed to former Supreme Court Justice Ahn Dae-hee, known as an outside director, who reportedly worked alongside former Prosecutor General Yoon Seok-yeol at the former Central Investigation Department of the Supreme Prosecutors' Office, highlighting the stock as a 'Yoon Seok-yeol theme stock.'

Pureun Savings Bank is a secondary financial institution primarily engaged in deposits and loans. It operates a total of five branches: Sinsa Headquarters, Jongno Branch, Dogok Branch, Sindorim Branch, and Mapo Branch.