[Featured Stock] Daehan Flour Mills Rises 14% on Strong Wheat Prices
[Asia Economy Reporter Kwon Jaehee] Daehan Flour Mills is showing strong performance in the early trading session amid expectations of rising international wheat prices due to India's wheat export ban.
As of 10:47 AM on the 16th, Daehan Flour Mills is trading at 191,000 KRW, up 14.37% compared to the previous trading day.
During the session, Daehan Flour Mills rose as much as 17.37% to 196,000 KRW before giving up some of the gains.
Established in 1953, Daehan Flour Mills is a representative wheat-related stock, primarily engaged in flour milling and wheat flour sales.
Hot Picks Today
"Picked Up on a Walk, Brings Healing to Watch"... Why 'Brick Growing' Is the Latest Gen Z Hobby
- Two Paejae High School Students Who Chanted "Let's Go to Starbucks" Ultimately Quit Baseball
- Lost Their Appetite at First Glance: "What's Wrong with the Naengmyeon Noodles? Truly Shocking"—AI Food Images Spark Controversy
- Hong Junpyo Targets Lee Administration: "One Year of Background Probes, More Petty Than Han Donghoon"
- "'Unpleasant Wind from Sweat' vs. 'What Else Can We Do in This Heat'... Subway Handheld Fan Debate Ignites First in Japan"
Researcher Lee Da-eun from Daishin Securities analyzed, "Due to the prolonged Russia-Ukraine conflict and poor wheat harvests caused by drought, the investment attractiveness of wheat is high."
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.
