[Featured Stock] KT&G Surges 13%... Hits 52-Week High
by Park Soyeon
Published 10 Oct.2024 16:04(KST)
Updated 11 Oct.2024 09:19(KST)
On the 10th, KT&G rose more than 10%, hitting a 52-week high.
KT&G closed the day on the KOSPI market at 116,900 won, up 13,400 won (12.95%) from the previous trading day.
After four consecutive days of decline, KT&G surged as institutional buying flooded in on this day.
KT&G, whose main business is the manufacturing and sale of cigarettes, is the 28th largest company on the KOSPI with a market capitalization of 15.2347 trillion won. It has a foreign ownership rate of 44.66%.
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