Eugene Investment Shares Rise on IB Push and New Business Hopes

Shares of Eugene Investment & Securities (001200) were rising on May 15. The stock had closed the previous trading day at 6,230 won and was trading at 6,560 won as of 9:09 a.m. The original report cited expectations for stronger investment banking operations and growth in new businesses as factors behind the move. It also said the stock had gained 19.52% since being recommended by MK Signal. The move reflects market attention on the company’s business competitiveness and potential new growth drivers within the securities sector. The figures cited are based on the stated time, and subsequent share price moves may vary with market conditions. Source: mk.co.kr