EcoPro Materials stock price soared during Tuesday s trading session, following its new addition to the MSCI Korea Index, which was announced earlier in the day.
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Securities firms have reported drastic earnings falls in the wake of a marked slowdown in their commission profit and investment banking business. This situation was widely expected amid freezing stock market sentiment triggered by the rapid pace of rate hikes here and abroad. Data also showed that fewer investors are making aggressive investments in the stock market. The daily stock transaction volume reached 13.8 trillion won ($9.75 billion) on average in the third quarter, down 47.3 percent from a year earlier. This is also a drop of around 20 percent from a quarter ago.