Daewoo Construction (047040) saw its stock price surge by more than 20% in a steep rally from early trading, prompting consecutive activations of the Volatility Interruption (VI) mechanism.

According to the Korea Exchange (KR) on the 16th, the first dynamic VI for Daewoo Construction was triggered at 9:09:18 a.m. and lifted two minutes later at 9:11:28 a.m. Another dynamic VI was subsequently triggered at 9:26:47 a.m. and lifted at 9:28:48 a.m., reflecting expanding volatility.

The upward momentum continued thereafter. As of 9:40 a.m. on the same day, Daewoo Construction's stock was trading at 28,175 won, up 5,275 won (23.03%) from the previous trading day. Strong buying pressure flooded in immediately after the market open, pushing the gain past 20% in an instant. Even after the VI was lifted, the stock maintained its upward trajectory, hovering above the 28,000-won level. Trading volume also surged rapidly, indicating intense investor interest.

Market volatility has further heightened as the recent preference for risk assets aligns with interest in Daewoo Construction, considered one of Korea's leading construction stocks. However, given the significant volatility stemming from the early-session surge, market trends will likely need to be monitored until the day's closing price.

[※ This article is provided for reference only in making investment decisions, and the final responsibility for any investment lies with the investor.]