Rapid Growth in ETF Market and Hanwha Group Stock Surge
The domestic Exchange Traded Funds (ETF) market is experiencing rapid growth, with particular attention on ETFs related to POSCO Group and secondary batteries. This week, the ACE POSCO Group Focus ETF rose by 16.01%, achieving the highest rate of increase. In the secondary battery sector, the SOL Solid-State Battery & Silicon Anode and SOL Secondary Battery Materials ETFs saw gains of 14.30% and 12.37%, respectively. Newly listed offerings from KB Asset Management's RISE series, focused on the U.S. market, provide new investment opportunities.
Concurrently, stocks of Hanwha Group affiliates are rising, fueled by favorable expectations in the shipbuilding and defense sectors. The 'PLUS Hanwha Group ETF' has recorded a 60.50% yield, drawing increased investor interest through swift growth in total net assets. Hanwha Ocean and Hanwha Aerospace are particularly highlighted for their current advantageous positions in shipbuilding and defense. Hanwha Group's overall market capitalization has also seen an uptick, climbing from 8th to 6th place in the market rankings.
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[ETF of the Week] Korea Investment Trust Management's 'ACE POSCO Group Focus' rises over 16%, ranked 1st in growth rate, secondary battery themes sweeping the top - Business Post[ETF of the Week] Korea Investment Trust Management's 'ACE POSCO Group Focus' rises over 16%, ranked 1st in growth rate, secondary battery themes sweeping the top
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