On the 15th, Deokwoo Electronics' stock price surged. The entry into the secondary battery new business acted as a positive factor, attracting buying interest.
As of 9:43 AM on the same day, Deokwoo Electronics was trading at 11,780 KRW, up 17% compared to the previous trading day. The stock price soared to as high as 12,570 KRW in the early session, showing a sharp rise.
Deokwoo Electronics announced that it will hold a shareholders' meeting on the 29th to add secondary battery component equipment manufacturing and sales, as well as semiconductor component manufacturing and sales, to diversify its business. The company operates camera module and automotive electronic component businesses and has also been recognized as a partner selected by Apple.
Foreign investors and institutions are buying Deokwoo Electronics shares. In particular, the continuous net buying by institutions stands out. Over the past month, foreigners have purchased 14,000 shares, and institutions have acquired 560,000 shares. Institutions have been net buying more than 60,000 shares for five consecutive trading days recently.
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