Since the government eased regulations on real estate loans, Kakao Bank's stock price has continued to soar as positive prospects have emerged for the bank's loan growth potential.
On the 9th, Kakao Bank closed at 28,500 won, up 4.78% (1,300 won) from the previous trading day's close. The stock price, which stood at 24,100 won on the 4th, rose 18.3% in four trading days.
Kakao Bank's rise in stock prices on the same day was largely due to improved investor sentiment in technology stocks in the U.S. stock market. On the 6th (local time), the U.S. NASDAQ index, which focuses on technology stocks, rose 2.56% on news that wage growth slowed.
The government's announcement on the 3rd of deregulation of real estate loans is also a positive factor. Kakao Bank's stock price rose 5.4% on the 4th and 7.5% on the 5th.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
