[Featured Stock] Mirae Asset Securities Rises for Second Day... Surpasses 10,000 Won

Mirae Asset Securities continued its strong performance for the second consecutive day, surpassing 10,000 KRW during trading hours.

As of 9:44 AM on the 26th, Mirae Asset Securities is trading at 10,030 KRW, up 110 KRW (1.11%) from the previous day. The stock price rose to 10,040 KRW during the session, marking a 52-week high. This is the first time Mirae Asset Securities' stock price has exceeded 10,000 KRW since June 2021.

Mirae Asset Securities has shown a steady upward trend this year due to expectations of improved return on equity (ROE), anticipated gains in bond valuation from falling interest rates, and an improved securities market outlook following the launch of an alternative exchange.

In particular, the recent purchase of treasury shares by the management to enhance shareholder value is also interpreted as having a positive impact on the stock price. Vice Chairman Kim Miseop and President Jeon Gyeongnam of Mirae Asset Securities purchased 66,846 treasury shares worth approximately 440 million KRW this month. The core management of Mirae Asset Securities has continued to buy treasury shares to demonstrate their commitment to boosting the stock price and long-term growth. Last year, Vice Chairman Heo Seonho purchased 20,000 treasury shares worth 140 million KRW.