Doosan's stock price is showing strength early in the session on the 7th. During the day, it surpassed 300,000 won, setting a new 52-week high.
As of 9:40 a.m. on the 7th, Doosan is trading at 289,500 won, down 1.7% (5,000 won) from the previous trading day. Starting at 299,000 won, Doosan's shares traded at 304,500 won shortly after the market opened, continuing the trend of setting new highs from the previous day. The previous day's closing price (6th) for Doosan was 290,500 won, which was a record high based on closing price.
The rise in Doosan's stock price appears to be influenced by favorable reviews from the securities industry, which has sequentially raised target prices. Additionally, there is an analysis suggesting that Doosan could increase shareholder returns through methods like share buybacks, and could benefit if a duty of loyalty for directors to shareholders is implemented.
Lee Sang-hun, a researcher at iM Securities, noted, “If the duty of loyalty for directors to shareholders is implemented, it could change the agency cost framework from controlling shareholders to minority shareholders” and added, “This could soon provide an opportunity for outside directors to escape the controversy of being merely proxies.”