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[Breaking] Pado Triggers VI During Session... KOSPI and KOSDAQ Both Decline

[Breaking] Pado (440110) is showing a sharp decline following the activation of the Volatility Interruption (VI) during the trading session. As of 11:20 a.m. on

Oseong Kwon
Staff Reporter
3 min read
[Breaking] Pado Triggers VI During Session... KOSPI and KOSDAQ Both Decline
CBC News

[Breaking] Pado (440110) is showing a sharp decline following the activation of the Volatility Interruption (VI) during the trading session. As of 11:20 a.m. on the 7th, Pado is trading at 71,700 won, down 7,900 won (9.92%) from the previous trading day. Selling pressure expanded, pushing the price down to the low 70,000-won range.

A static VI was activated for Pado at 11:17:30 a.m. today and was lifted at 11:19:58 a.m. In the previous session on the 3rd, Pado closed up 4.74% at 79,600 won, continuing its upward trend. During today's session, it rose to as high as 80,500 won in an attempt to extend its consecutive gains, but has since turned to a decline.

The domestic stock market is also falling in tandem. As of the same time, the KOSPI is at 7,946.73, down 141.61 points (1.75%) from the previous trading day, while the KOSDAQ is at 832.47, down 35.94 points (4.13%). The spread of selling pressure is dampening investor sentiment.

However, in the afternoon session, changes in supply and demand for semiconductor stocks and whether investor sentiment in the domestic market recovers are expected to serve as key variables for Pado's share price movement.

[※ This article is not intended to solicit investment. All final investment decisions and responsibilities lie with the investor.]

Oseong Kwon
Staff Reporter

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