[Featured Stock] 'AhnLab' Breaks Through Ceiling, Market Cap Surpasses 2 Trillion Won... Record High Rally

[Asia Economy Reporter Lee Seon-ae] On the 24th, AhnLab's record-high price streak continues. Following the previous day's record high and closing at the upper limit, the stock price again reached a new high on the same day, setting a new record within a day.

At 9:40 AM, AhnLab was trading at 187,300 KRW, up 6.54%. Starting at an opening price of 182,300 KRW, the price surpassed 200,000 KRW early in the session and soared up to 218,500 KRW. AhnLab has risen for six consecutive trading days, continuously breaking new highs. The previous day, the stock price surged 29.93%, hitting the upper limit. From the 17th to this day, AhnLab's stock price increase rate has exceeded 100%.

The market capitalization also surpassed 2 trillion KRW as of this day. Compared to about 650 billion KRW at the end of last month, it has more than tripled in less than a month.

Chairman Ahn is being mentioned as the prime minister candidate for the next government. AhnLab is the company founded by Chairman Ahn, who is also listed as the largest shareholder. If Chairman Ahn, who holds 18.6% of AhnLab shares, takes the prime minister position, he must dispose of all AhnLab stocks. According to the current Public Officials Ethics Act, if the total stock value held by a high-ranking public official or their spouse exceeds 30 million KRW, the stocks must be sold or placed in a blind trust within two months. Additionally, foreign buying pressure is also a factor behind the stock price surge. According to the Korea Exchange, foreign investors have net purchased AhnLab shares worth 141.9 billion KRW from the 14th to the 23rd. Global investment bank JP Morgan disclosed on the 21st that it holds a 5.38% stake in AhnLab.

This content was produced with the assistance of AI translation services.