‘Value Up Announcement’ KB Financial jumps to 9th place
Although Samjeon ranks first in market capitalization, 150 trillion won has evaporated.
This year, there were mixed emotions as the market capitalization rankings of the top 10 stocks in the domestic KOSPI market were reversed. While the ranking of financial stocks, which are the biggest beneficiaries of the Value Up Program, rose, secondary battery stocks that were underperforming fell one after another.
According to the Korea Exchange on the 31st, 6 of the top 10 stocks in the KOSPI market cap this year changed their rankings. As of the previous day’s closing price, the No. 1 KOSPI market capitalization (excluding Samsung Electronics Company) is Samsung Electronics with KRW 317.592 trillion (16.18% of the total KOSPI market capitalization). Samsung Electronics, which ranked first in KOSPI market cap in 2000, has maintained its position as the undisputed leader in the KOSPI for over 20 years until this year. However, Samsung Electronics’ market cap evaporated by 150 trillion won this year alone, and its market share decreased from 22.04% last year to 16.18% this year.
SK Hynix (KRW 126.6 trillion), 3rd place, LG Energy Solution (4.15%), 4th place Samsung BioLogics (KRW 67.544 trillion), whose competitiveness in the high-bandwidth memory (HBM) market was highlighted and many foreigners purchased, It was followed by Hyundai Motor Company (KRW 44.396 trillion), which ranked 5th.
Among the top 10 stocks by market cap, KB Financial ranked in the top 10, rising straight from 17th at the end of last year to 9th this year. Financial stocks are considered to be the main beneficiaries of the value-up program promoted by the government this year. KB Financial became the first domestic company to announce its ‘corporate value improvement plan’, raising expectations for shareholder returns. On the 16th, it was additionally included along with Hana Financial Group in the exchange’s Value Up Index.
In addition, other financial stocks such as Shinhan Financial Group (18th → 12th), Hana Financial Group (28th → 24th), and Woori Financial Group (39th → 36th) also made rapid progress.
Pharmaceutical and bio stocks also performed well. Celltrion jumped 6 places from 12th at the end of last year to 6th this year. Samsung BioLogics, ranked 4th, narrowed the gap with LG Energy Solutions by increasing its market capitalization by about 13 trillion won compared to last year.
On the other hand, the ranking of secondary battery stocks, which were in the top 10 by market cap last year, slipped. LG Chem fell 9 places from 10th last year to 19th this year, falling all the way to the 20th place. POSCO Holdings fell from 7th to 14th, and Samsung SDI also fell from 11th to 20th. This is due to the sharp drop in stock prices this year due to slowing demand for electric vehicles and sluggish conditions in the secondary battery industry.
It is predicted that rechargeable batteries are likely to plummet by the first quarter of next year due to worsening performance in the fourth quarter and policy uncertainty stemming from Trump. Anna Lee, a researcher at Yuanta Securities, said, “There is a high possibility that stock prices will plummet until the first quarter of next year due to worsening performance in the fourth quarter of this year, the Trump administration’s administrative measures, and the resumption of domestic short selling. “There is a high possibility of a sector rebound due to the lowered stock price level,” he said. “However, it will be difficult to lead to a full-fledged rebound due to sector industry uncertainty and lack of momentum.” Therefore, during this period, individual stocks related to solid-state batteries will lead sector stock prices,” he said.
[서울=뉴시스]
-
- great
- 0dog
-
- I’m sad
- 0dog
-
- I’m angry
- 0dog