Woori Financial Group Inc - ADR Stock News

South Korea is in turmoil and several stocks are taking a hit. The post South Korea's President Declares Martial Law, Says Nation On 'Edge Of Collapse'; Korean Stocks Fall appeared first on Investor's Business Daily.

Call Start: 03:00 January 1, 0000 3:36 AM ET Woori Financial Group Inc. (NYSE:WF ) Q3 2024 Earnings Conference Call October 25, 2024 03:00 ET Company Participants Han Hong Sung - Head of Investor Relations Lee Sung-Wook - Group Chief Financial Officer Park Jang-Geun - Chief Revenue Officer Conference Call Participants Han Hong Sung Good day everyone. I am Han Hong Sung, Head of Investor Relatio...

Woori's recent re-rating is well-justified. Still, the stock remains too deeply discounted. Investors get paid a well-covered yield to sit and wait.

The Federal Reserve cut interest rates for the first time in four years on Wednesday, signaling confidence that inflation was finally low enough to reverse its course. Homebuilders, Tech, and Financials stand to benefit from the 50 bps cut, as cheaper financing can positively impact their cost structures and drive up consumer demand. Typically, the market falls the first week after the first ra...