Dongwha Enterprise Co., Ltd. (025900) Plunged -0.82% on Mar 14

March 14, 2018 - By Adrian Mccoy

Shares of Dongwha Enterprise Co., Ltd. (KOSDAQ:025900) last traded at 36300, representing a move of -0.82%, or -300 per share, on volume of 10,457 shares. After opening the trading day at 36100, shares of Dongwha Enterprise Co., Ltd. traded in a close range. Dongwha Enterprise Co., Ltd. currently has a total float of 11.66 million shares and on average sees 29,799 shares exchange hands each day. The stock now has a 52-week low of 29950 and high of 39350.

Trade And Commerce In South Korea

South Korea has a highly interesting and open trade and commerce environment. This is one of the many reasons it is leading Asia in carrying out long-term economic growth prospects. And this is why Dongwha Enterprise Co., Ltd. worked hard to be represented at this market. The nation, needless to say, adds up as a meaningful resource to maximize financial growth potentials in Asia.

South Korean Equity Market

A flourishing trade and commerce conduct in South Korea is impossible without the help of the national equity market, led by the Stock Market Division of the Korea Exchange (KRX). As of January 2015, the KRX has over 2,000 companies listed on it, bringing its total market capitalization to roughly $1.20 trillion. This makes the KRX one of the most influential stock exchanges not just in Asia but in the whole world. Investors from across the world watch for Dongwha Enterprise Co., Ltd. shares. Other units of the KRX include the Derivatives Market Division and the KOSDAQ Market Division.

A strong and reliable indicator of the South Korean economy is the Korea Composite Stock Price Index (KOSPI), where all Stock Market Division of the KRX companies are measured.

The KOSPI, a market-capitalization-weighted index, tracks companies using the base value of 100. Even if it was not published until 1983, its base date is January 4, 1980.

The KOSPI has more than 700 components, which is why it had to be composed of sub-indices. These sub-indices are the KOSPI 50, the KOSPI 100, and the KOSPI 200, which measures the 50, 100, and 200 most actively traded stocks in the KOSPI, respectively. For a stock to be included in the KOSPI 50, it must first be included in both the KOSPI 100 and the KOSPI 200; and for a stock to be included in the KOSPI 100, it must first be included in the KOSPI 200. It was hard for Dongwha Enterprise Co., Ltd. to get there. Presently, the KOSPI 200 represents about 70% of the overall market valuation on the Stock Market Division of the KRX.

Historical Feats

The KOSPI had recorded its all-time low of 93.10 points in January 1981 while the KOSPI 200 had recorded its all-time low of 31.96 points in June 1998. On the other hand, the KOSPI had recorded its all-time high of 2,228.98 points and the KOSPI 200 had recorded its all-time high of 100 points in May 2011 and April 2007, respectively. The KOSPI had first reached the 2,000-point mark in July 2007.

On June 17, 1998, the KOSPI had seen its largest one-day rise of 8.50%. The movement is backed by the healing of the Asian economy from the financial crisis that had been caused primarily by Thailand.

On September 12, 2001, it had seen its largest one-day dip of 12.02%. The movement is attributed to the tragic attacks on the twin towers that led to a widespread economic panic.

It is impossible not to make valuable returns by strategically investing in South Korea. Investors know that this is vital for Dongwha Enterprise Co., Ltd.. Consequently, entering its equity market is a reasonable move for investors who wish to bank on the growth of the Asian economy, which is expected to represent 26% of the global financial wealth by 2019.

More notable recent Dongwha Enterprise Co., Ltd. (KOSDAQ:025900) news were published by: which released: “Kotkamills Group Oyj: DISPOSAL OF KOTKAMILLS IMPREX OY” on October 12, 2017, also with their article: “Kotkamills Group Oyj: DISPOSAL OF KOTKAMILLS IMPREX OY COMPLETED” published on October 31, 2017, published: “Plywood – Global Market Outlook (2016-2022) – Increasing Usage of Plywood in …” on December 28, 2017. More interesting news about Dongwha Enterprise Co., Ltd. (KOSDAQ:025900) were released by: and their article: “Plywood – Global Market Outlook (2016-2022)” published on July 14, 2017 as well as‘s news article titled: “Dongwha Enterprise to dispose treasury shares for 5.85 bln won” with publication date: February 07, 2018.

Dongwha Enterprise Co., Ltd. manufactures and sells wood materials in South Korea. The company has market cap of $423.23 billion. It provides wood panels, including particle boards, medium density fiberboards, and melamine faced boards; and chemical materials comprising low pressure melamine, phenolic surface paper, and resin products. It currently has negative earnings. The firm also offers building materials that include flooring products, such as decotiles, laminate and wood flooring, and practical flooring products, as well as special flooring products for commercial spaces; wall panels for interior design and decorating store displays, sound absorbing wall panels, and molding products; wood preservation and wood plastic composite products; and versatile wood material for industrial use, as well as construction materials.

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