With the KOSPI surpassing the 4,100 mark, the stock market is experiencing a boom, and securities stocks are also showing strong performance.
As of 9:25 a.m. on October 30, Kiwoom Securities shares were trading at 195,000 won on the Korea Exchange, up 6.57% from the previous trading day. During the session, the stock soared to 322,000 won, setting a new 52-week high.
At the same time, Mirae Asset Securities (up 3.68%), Korea Financial Group (up 3.45%), and Hanyang Securities (up 2.52%) were also showing strong gains.
On the previous day, the KOSPI reached an all-time high, surpassing the 4,100 mark, buoyed by the conclusion of the Korea-U.S. tariff negotiations. The rise in securities stocks appears to be supported by increased trading volume at securities firms and expectations for improved profitability.
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