Bloomberg named the best-performing stocks of 2023. These are securities of South Korean electronic component manufacturers that have shown a performance since the beginning of the year of up to 571%.
The top-performing stocks in 2023 were South Korean electronic component manufacturers. Bloomberg reported this.
Shares of the cathode manufacturer Ecopro Co have shown a return of 571% since the beginning of the year: the company topped the rating prepared by the agency. Kum Yang Co produces battery components; The return on shares of this company was 200%.
Shares of Ecopro Co and Kum Yang Co outperformed shares of all other companies in the Bloomberg World Index, which includes 2,647 participants.
Shares of Korean manufacturers rose due to the inclusion of their Chinese competitors on the US sanctions list. The increased global demand for batteries for electric vehicles also affected the growth of quotes.
Author:
Kirill Bilyk
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
