[Special Stock] Securities Stocks Soar on Sharp Market Rebound... SK Securities Up Over 23%
As the KOSPI and KOSDAQ, which had plummeted due to the Iran crisis, rebounded, securities-related stocks including SK Securities are showing strong performances across the board on the domestic stock market on the morning of March 5.
As of 9:48 a.m. on this day, shares of SK Securities were trading at 1,839 won each, up 23.84% from the previous session. Mirae Asset Securities and SangSangIn Securities also soared by 20.53% and 20.26%, respectively. Other major securities stocks such as Hanwha Investment & Securities (18.12%), Kiwoom Securities (14.77%), NH Investment & Securities (13.54%), and Samsung Securities (10.57%) are also on the rise.
This is interpreted as a result of the stock market rebounding on this day after two consecutive days of sharp declines following the U.S. airstrike on Iran. As soon as the market opened, both the KOSPI and KOSDAQ triggered buy-side sidecar mechanisms, and most of the top large-cap stocks, including Samsung Electronics, are showing strong performances.
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The recent surge and rebound in the stock market has also led to an increase in trading value, providing further momentum for buying securities stocks. The total trading value of the Korea Exchange, KOSDAQ, and KONEX markets was tallied at 69.699 trillion won on March 3 and 79.472 trillion won on March 4. This far exceeds this year's average daily trading value of 45.35 trillion won.
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