[Featured Stock] Dongseo Hits 52-Week High... One Month of Gains After Inclusion in 'Value-Up Index'

20,000-Won Box Range Fluctuation → Uptrend Since Index Inclusion
One of Five Food Companies Included in Value-Up Index
‘Maxim’ Export Rumor Hits Upper Limit, Then Retracts Gains

Dongseo recorded a 52-week high. It has been in an upward trend for about a month since being included in the 'Korea Value-Up Index.'

As of 10:53 AM on the 30th, Dongseo is trading at 25,600 KRW, up 8.70% (2,050 KRW) from the previous trading day. During the session, it reached a high of 26,750 KRW, slightly surpassing the previous day's 52-week high of 26,700 KRW.

Since 2023, Dongseo's stock price has fluctuated within a box range around 20,000 KRW. It has shown an upward trend since being included in the 100 stocks of the 'Korea Value-Up Index' announced by the Korea Exchange on the 26th of last month. There was speculation about the export of its flagship product, 'Maxim,' which recently hit the upper price limit, but Dongseo later clarified that there were no export plans, causing the stock to give back all its gains in a brief incident. Despite disappointing investors, Dongseo has put that incident behind and is reigniting a strong rally.

It appears positive that Dongseo is included in the Value-Up Index, which includes only five food companies. Being included in the Value-Up Index does not guarantee a rise in stock price, but Dongseo is currently recording one of the highest growth rates among the Value-Up Index stocks.

Dongseo is the parent company of Dongseo, a leading domestic food company. It is greatly influenced by the business conditions and performance of the unlisted Dongseo Food. Dongseo Food sells products such as Maxim and Maxwell House through a technical partnership with the American company General Foods. It also owns products like Starbucks Doubleshot, Starbucks Frappuccino, Maxim Kanu, Prima, and Zetti.