2076975 2077203
최종편집 2024-03-29 17:58 (금)
The market capitalization of the pharmaceuticals index plunged by KRW 14 trillion in October
상태바
The market capitalization of the pharmaceuticals index plunged by KRW 14 trillion in October
  • Hyeokgi Lee, Newsmp
  • 승인 2021.11.01 15:52
  • 댓글 0
이 기사를 공유합니다

38 out of 45 stocks fell in a month… 12 stocks saw a double-digit drop
Celltrion’s market cap ↓KRW 8 trillionㆍ SK Bioscience ↓KRW 3 trillion… 11 stocks have decreased by more than KRW 100 billion

The pharmaceutical stocks have been floundering around.

According to the Korea Exchange, the KOSPI pharmaceuticals index on 29 October was 17,107.05, a drop of 10.5% from 18,897,89 at the end of September (30th).

Among the 45 stocks, 38 pharmaceutical stocks fell in a month.

In particular, the three major bio companies (Samsung Biologics, Celltrion, and SK Bioscience), which account for more than 75% of the market capitalization of the pharmaceuticals index, also fell, and the KOSPI pharmaceuticals index plunged more than KRW 14 trillion.

Of the 45 stocks, only 7 stocks rose from the end of September, but all of the increase did not exceed 10%.

On the other hand, nearly one-third of the 38 stocks recorded double-digit falls, and among them, Gene One Life Science (-27.0%) and Celltrion (-22.7%) saw a more than 20% drop.

Green Cross recorded a double-digit drop of 17.2%, Pharmicell 16.1%, PharmGen Science 15.1%, SK Bioscience 15.0%, Daewon Pharmaceutical 14.1%, Kukje Pharma 13.2%, Samsung Pharmaceutical 13.1%, Bukwang Pharmaceutical 13.0%, Boryung Pharmaceutical 11.1%, and Dongsung Pharmaceutical 10.3%.

In addition, Shin Poong Pharmaceutical, Korea United Pharm., Dong Wha Pharm, Yuyu Pharma, JW Pharmaceutical, Jeil Pharmaceutical, CKD Bio, Hana Pharm, Yungjin Pharm., Kyongbo Pharmaceutical, Il-Yang Pharmaceutical, and ORIENTBIO also fell more than 5%.

Handok, Hanmi Pharmaceutical, Chong Kun Dang Holdings, Daewoong Pharmaceutical, HanAll Biopharma, Whanin Pharmaceutical, Samil Pharmaceutical, Dong-A ST, Aprogen Pharmaceuticals, Kwang Dong Pharmaceutical, Yuhan Corp., Chong Kun Dang Pharmaceutical, Ilsung Pharmaceutical, and Samsung Biologics declined from the end of the previous month.

In the meantime, Myungmoon Pharmaceutical’s stock price rose 7.8% over the past month, the highest increase among the 45 stocks of the pharmaceuticals index, and Reyon Pharmaceutical also recorded an increase of more than 5%.

Hyundai Pharmaceutical, Samjin Pharmaceutical, Il Dong Holdings, Il Dong Pharmaceutical, and JW Life Science also edged up.

In terms of market capitalization, Celltrion plummeted more than KRW 8 trillion in a month, and SK Bioscience also sunk more than KRW 3 trillion.

The market cap of Green Cross has also decreased by KRW 666.1 billion, jeopardizing the KRW 3 trillion mark, and Gene One Life Science has threatened the KRW 1 trillion mark with a fall of KRW 418.2 billion.

Samsung Biologics, Pharmicell, Bukwang Pharmaceutical, Hanmi Pharmaceutical, Boryung Pharmaceutical, and Yuhan Corp. also shrunk by more than KRW 100 billion.

During the same period, none of the pharmaceuticals index’s components saw their market cap increase by more than KRW 100 billion, and Reyon Pharmaceutical saw the largest increase by KRW 50.4 billion.

As of the 29th, Samsung Biologics remained at the top with KRW 57.6297 trillion, while Celltrion plunged from KRW 35.7941 trillion to KRW 27.6559 trillion.

SK Bioscience also retreated from KRW 20.6933 trillion to KRW 17.595 trillion, followed by Yuhan Corp. with KRW 4.14 trillion, Green Cross with KRW 3.208 trillion, and Hanmi Pharmaceutical with KRW 3.1887 trillion.

While Shin Poong Pharmaceutical stepped down to KRW 2.7446 trillion from the KRW 3 trillion mark, Daewoong Pharmaceutical, Chong Kun Dang Pharmaceutical, Gene One Life Science, and HanAll Biopharma remained around KRW 1 trillion, but Boryung Pharmaceutical and Bukwang Pharmaceutical were reduced to KRW 985.7 billion and KRW 927.4 billion, down KRW 1 trillion.


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.