AhnLab (053800) recorded a strong gain of more than 20% on the 30th, the last trading day of October, despite a sharp decline in the KOSDAQ market, drawing investors' attention. With AhnLab continuing its counter-trend rally amid overall weakness in the domestic stock market, eyes are also on the direction of the November session beginning after the weekend.

◆ AhnLab Alone Surges as KOSDAQ Plunges 3.83%

On the 30th, AhnLab finished trading at 121,100 won, up 20.98% from the previous day. On the same day, the KOSDAQ index closed at 724.38, down 28.85 points (-3.83%) from the prior trading day. AhnLab's sharp rise is notable given that selling pressure appeared across the KOSDAQ market as a whole.

The KOSPI index also finished trading at 5,730.74, down 206.92 points (-3.48%) from the previous trading day. Both major indices fell more than 3% in tandem, reflecting a contraction in overall investment sentiment in the domestic stock market. However, whether AhnLab's upward momentum on this day will continue into the next trading day remains to be seen.

◆ Q3 Revenue Up 23.1% and Operating Profit Up 38.7%

AhnLab recently announced in a regulatory filing that its consolidated revenue for the third quarter of this year was 79.459 billion won, up 23.1% year-on-year. Operating profit for the same period was provisionally tallied at 10.931 billion won, an increase of 38.7%. Compared to the previous quarter, it rose 103.1%.

◆ November's First Trading Day, the '2nd,' Is the Key Point to Watch

Market attention is now turning to the 2nd, the first trading day of November. The key points to watch are whether AhnLab will carry over the upward momentum from the last October session and push for further gains, or whether profit-taking shares will emerge following the short-term surge. In particular, whether investors' buying interest can be sustained in light of the recently announced earnings is also worth watching.

As the stock price has moved sharply in a short period, attention is also focused on trading volume and supply-and-demand changes in early November.

[This article is for investment reference purposes only, and investment decisions and any resulting responsibility rest with the investor.]