Game-themed and metaverse-themed stocks have been the biggest winners in South Korean stock markets this year, with games software developer Wemade Max Co. topping the top performer ranking with a prize win of 1. 499.31%.
According to Korea Exchange on Wednesday, Kosdaq-listed Wemade Max was the highest stock this year, with stocks soaring 1,499.31% between Jan. 4 and Dec. 28. , followed by WeMade Co. which jumped 846.06%.
WeMade launched its own Wemix blockchain platform earlier this year and led game publishers Joycity, Supercat, Dalcom Soft, NHN, and Action Square to join the ecosystem.
Wemade Max – a blockchain game developer – is a subsidiary of WeMade.
Wemade Max and WeMade enjoyed their rally after the successful launch of the play to win game Mir4 which uses blockchain-based non-fungible token technology.
Edison EV shares soared after its subsidiary Edison Motors was selected as the preferred bidder to buy SsangYong Motor.
The top 10 performing stocks this year were all from Kosdaq under the hype on the metaverse and NFT sectors.
Six of the next 7 stocks in the top 10 were gaming, metaverse, and content-themed stocks, including Wysiwyg Studios whose shares jumped 527.32%, Devsisters 513.15%, Com2uS Holdings 491.59% , Neowiz Holdings 446.95%, NP 421.2% and Dexter 418.23%.
Wysiwyg Studios, Dexter, and NP are highly scalable content producers in the metaverse industry. Gamers Com2uS, Neowiz and Devsisters are active players in establishing a gaming ecosystem to win and metaverse.
In the Kospi primary, Ilsung Construction Co. was the best performing stock of the year with an increase of 410.53 percent. The company is seen as benefiting from the long-term public housing policy of presidential candidate Lee Jae-myung.
[â Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]