[Featured Stock] KT&G Surges 13%... Hits 52-Week High

On the 10th, KT&G rose more than 10%, hitting a 52-week high.

KT&G closed the day on the KOSPI market at 116,900 won, up 13,400 won (12.95%) from the previous trading day.

After four consecutive days of decline, KT&G surged as institutional buying flooded in on this day.

KT&G, whose main business is the manufacturing and sale of cigarettes, is the 28th largest company on the KOSPI with a market capitalization of 15.2347 trillion won. It has a foreign ownership rate of 44.66%.