[Asia Economy Reporter Park Jihwan] Daehan Electric Wire has been on an upward trend for 9 consecutive trading days. Expectations of inclusion in the Hoban Group and the KOSPI 200 are believed to have influenced the stock price rise.
As of 10:16 AM on the 4th, Daehan Electric Wire is trading at 2,820 won, up 340 won (13.71%) from the previous trading day. The stock price has risen for 9 consecutive trading days, with an increase of over 100% during this period.
On the 25th of last month, Hoban Group announced that it had completed the acquisition process of Daehan Electric Wire. It is evaluated that the expectation of securing new growth engines after being acquired by Hoban Group is driving the stock price.
Additionally, it is analyzed that the stock price has gained further momentum as it will be newly included in the KOSPI 200 constituent stocks starting from the 11th. Inclusion in the KOSPI 200 is expected to have a positive impact on the stock price from a supply and demand perspective.
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