Kowei’s shares rose on the back of its recent growth and the impact of Fund Alin Partners’ influence; Netmable, as a shareholder, is expected to make an additional equity purchase, lifting the stock price. On the 15th, according to Korea Exchange, Kowei's share price reached 109,000 won, up 0.4% from the previous trading day. The market price at 3:30 pm recorded 101,500 won after a 1% rise.
The KOSPI index fell 0.85% that day, while Kowei’s share price showed an upward trend compared to the same time and attracted investors' attention. The company has disclosed a recent equity purchase that increased by 1.52% points, amounting approximately 90 billion won of equity acquisition.
The price rise is attributed to Kowei's actual growth and the expectation of Netmable's additional equity purchase. Analysts evaluate it as “Fundamental” and note how much the influence of Fund Alin Partners affects the stock price.
Investors are receiving a positive message from Kowei's growth and Netmable’s expected equity purchase. Therefore, Kowei's share price is likely to maintain its upward trend in the future.