[Featured Stock] Hanwha Investment & Securities Rises Alongside Bitcoin Surge↑
Hanwha Investment & Securities has been on a strong run for three consecutive trading days.
As of 9:10 AM on the 12th, Hanwha Investment & Securities was trading at 4,585 KRW, up 425 KRW (10.22%) from the previous trading day. The preferred shares of Hanwha Investment & Securities were trading at 10,000 KRW, up 1,670 KRW (20.05%) from the previous day.
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The significant rise in Hanwha Investment & Securities' stock price is due to its 5.94% stake (as of the first half of this year) in Dunamu, the operator of the cryptocurrency exchange Upbit. With the prospect of former President Trump, who is favorable to cryptocurrencies, returning to power and driving up Bitcoin prices, expectations for Dunamu's corporate value have increased, boosting the stock price.
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