[Featured Stock] Monalisa Rises for Two Consecutive Days on Sale News... New High
Monalisa's stock price has been strong for two consecutive days following news of its sale. It recorded a 52-week high during trading.
As of 9:52 a.m. on the 5th, Monalisa was trading at 5,220 KRW, up 110 KRW (2.15%) from the previous day. During the session, it rose to 5,930 KRW, setting a new 52-week high. After surging more than 22% the previous day, it showed a sharp rise early in the session but the gains gradually narrowed.
Hot Picks Today
!["It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]](https://cwcontent.asiae.co.kr/asiaresize/93/2026052019230771274_1779272587.jpg)
"It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]
- Blue House Thanks Labor and Management of Samsung Electronics for Their Magnanimous Decision
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
The news that Monalisa is being sold to an Indonesian paper company is believed to have driven the stock price up. According to the financial investment industry, the overseas private equity firm Morgan Stanley Private Equity (MS PE) signed a stock purchase agreement to sell 100% of MSS Holdings, the major shareholder of Monalisa, to the Indonesian paper company Asia Pulp and Paper (APP) for 400 billion KRW.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
