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Last month, among the major stocks purchased by individual investors in the domestic stock market, the rookie stock Ecopro Materials showed the highest evaluation return. While the stock price of Ecopro Materials rose sharply from the first day of listing, increasing interest in rookie stocks, the returns of other rookie stocks were poor.

According to the financial investment industry on the 4th, the stock most purchased by individuals last month was POSCO Holdings, with a net buying advantage of 308.2 billion KRW. The average purchase price was 472,202 KRW, recording an evaluation return of 2.29% based on the closing price on the 30th of last month.

Among the top 20 stocks by net individual buying, there are quite a few rookies listed last month, such as Ecopro Materials, Astech, EcoEye, and Green Resources. Ecopro Materials, which was listed on the 17th of last month, seems to have increased interest in rookie stocks by recording a high rise compared to the public offering price.

Individuals purchased Ecopro Materials stocks worth 279.1 billion KRW over 10 trading days. The average purchase price was 88,882 KRW, which is only half the closing price of 137,000 KRW on the 30th of last month. The evaluation return reached 54%.

Ecopro Materials produces precursors used in high-nickel batteries. As the electric vehicle market grows, demand for high-capacity and high-output batteries is increasing. Hyeyeong Jeon, a researcher at Daol Investment & Securities, said, "Ecopro Materials is the fastest domestic secondary battery precursor company to expand production capacity," and predicted, "Even with a slowdown in the electric vehicle market growth, demand for precursors will increase."

Ecopro Materials rose 278% compared to the public offering price of 36,200 KRW during the 10 trading days after listing. On the 29th of last month, it even rose to 151,200 KRW intraday. Afterwards, selling pressure for profit-taking emerged, and trading closed at 137,000 KRW on the 30th. Institutional investors recorded a net sale of 2.31 million shares on the listing day and showed a selling advantage until the 24th of last month. Foreign investors also showed a net sale of 2.42 million shares on the first day of listing. The foreign ownership ratio did not change significantly. It appears that the stock price rose steadily as individuals continuously bought shares.

Individuals who recorded high returns with Ecopro Materials also actively purchased Astech, EcoEye, and Green Resources but are currently experiencing losses. Astech was listed on the 28th of last month. Although it rose 150% compared to the public offering price on the first day of listing, the stock price declined from the next day. Considering the average purchase price of individuals is 74,284 KRW, it is interpreted that most bought on the first day of listing but could not sell and are currently recording losses. The stock price rose to 96,500 KRW on the first day but closed at 70,100 KRW. The net buying scale of Astech was 74.3 billion KRW, with an evaluation loss exceeding 25 billion KRW. The loss rate is -34.6%.

Astech, a manufacturer of ultraviolet protection materials, was also popular in the public offering subscription. Before listing, institutional investors and individuals competed to secure public offering shares. A deposit of 6.8 trillion KRW was attracted, recording a competition rate of 1,356.5 to 1. The public offering price was set at 28,000 KRW, higher than the expected range of 21,000 to 25,000 KRW in the demand forecast. Based on its popularity, individuals aggressively bought shares from the first day of listing, and the stock price rose 245% compared to the public offering price. On the first day of listing, institutions and foreign investors recorded net sales of 620,000 and 200,000 shares respectively, effectively increasing individual accounts.

The evaluation returns of individuals who purchased EcoEye and Green Resources are -17.7% and -14.0%, respectively. Both stocks surged initially after listing but then declined, increasing the scale of losses for individuals. A financial investment industry official explained, "Interest in rookie stocks seems to have increased after the listing of Ecopro Materials," adding, "After expanding volatility on the first day of listing, individuals tend to buy while institutions and foreigners sell, which has become almost a formula."

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