[Featured Stock] KB Financial Starting Upward as Foreigners Scoop Up Shares... Beneficiary and Defensive Stock

[Asia Economy Reporter Lee Seon-ae] KB Financial is on the rise on the 7th.

The stock price is trading at 55,200 KRW, up 1.85% from the previous trading day. The stock price is showing an upward trend supported by supply and demand. Foreign investors have been net buyers for eight consecutive trading days since the 24th of last month.

Highlighted as a beneficiary stock in the interest rate hike phase, it is also considered a defensive stock amid worsening market conditions, attracting investor sentiment.

In particular, based on a high capital ratio, the dividend yield is expected to reach the mid-5% range, and there is a possibility of quarterly dividends next year.