[Edaily Reporter Shin Ha-yeon ] Skymoons Technology, Inc.(033790)is trading up by over 13% during the session. This is believed to be the result of a sharp rebound in investor sentiment, as strong buying interest—centered on the biotech and secondary battery sectors—in the KOSDAQ market triggered a temporary suspension of program trading buy orders (side car).
According to MP Doctor on the 29th, as of 1:22 p.m., FINO INC. is trading at 7,190 won, up 13.05% from the previous trading day. During the session, the stock surged as high as 7,390 won, a 16.19% increase from the previous close. Today, the KOSDAQ market is showing intense investment fervor, with the secondary battery and biotech sectors leading the index higher and triggering the buy-side “side car.” As demand is concentrated across sectors that had previously been overlooked, strong buying interest is flowing into FINO INC.—a leading secondary battery materials stock—driving up its share price.
At the same time, other leading secondary battery-related stocks in the KOSDAQ market—including ECOPRO CO., LTD. (up 23.79%) and ECOPRO BM CO., LTD. (up 16.53%)—are also rising in tandem.
Meanwhile, FINO INC. recently acquired existing shares in CNP New Materials Technology—a joint venture with POSCO FUTURE M and CNGR, the world’s leading precursor manufacturer—securing a 75% stake and becoming the largest shareholder. Through this move, the company has secured strategic leadership in the domestic production of lithium iron phosphate (LFP) cathode materials, is fully launching its joint venture operations, and is enhancing its operational capabilities as a specialized rechargeable battery materials company.
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