[Market Focus] Kiwoom Securities Surges 6% on Stock Market Rally Expectations...Hits All-Time High

Kiwoom Securities surged to an all-time intraday high, buoyed by expectations of benefiting from the stock market rally.

As of 9:36 a.m. on September 15, Kiwoom Securities was trading at 265,500 won on the Korea Exchange, up 16,000 won (6.41%) from the previous session. The stock climbed as high as 266,000 won during the session, marking a new record high.

The rally appears to be driven by optimism following the KOSPI's consecutive record highs and its breakthrough of the 3,400-point level. On this day, Shinhan Investment Corp. highlighted that the resolution of risks related to the tax reform proposal has led to increased trading volume, which is improving the operating environment for securities firms. The firm named Kiwoom Securities and Korea Financial Group as its top picks. Lim Heeyeon, a researcher at Shinhan Investment Corp., stated, "We maintain an 'overweight' rating on the securities sector based on a favorable operating environment expected in 2026, and we forecast the average daily trading volume to reach 29.7 trillion won in line with the projected rise in the KOSPI in 2026." She added, "We present Korea Financial Group and Kiwoom Securities as our top picks. Korea Financial Group is expected to strengthen its fundamental earnings power through its capital strength and compounding effect, while Kiwoom Securities is anticipated to enjoy a differentiated benefit from the revitalization of the stock market."