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[Breaking] Daehan Optical Communication Surges 26% in Early Trading, Triggering Volatility Interruption (VI) Twice in a Row

Daehan Optical Communication (010170) exhibited high volatility, with its share price surging more than 20% from the early morning trading session on the 10th,

Oseong Kwon
Staff Reporter
3 min read
[Breaking] Daehan Optical Communication Surges 26% in Early Trading, Triggering Volatility Interruption (VI) Twice in a Row
CBC News

Daehan Optical Communication (010170) exhibited high volatility, with its share price surging more than 20% from the early morning trading session on the 10th, which triggered the Volatility Interruption (VI) mechanism twice in succession.

According to the Korea Exchange (KRX), the static VI for Daehan Optical Communication was first triggered at 9:06:07 a.m. on this day and was lifted at 9:08:35 a.m. As strong buying pressure continued thereafter, a second static VI was triggered at 9:40:44 a.m., which was also lifted at 9:43:03 a.m., demonstrating extreme price fluctuations within a short period of time.

According to the exchange, as of 9:44 a.m., Daehan Optical Communication is trading at 13,480 won, up 2,830 won (26.57%) from the previous trading day, continuing its strong upward trend in the 13,000 won range. Market attention is focusing on the further price movements of this stock, which recorded a surge in the 20% range in the early trading session. At the same time, some other optical communication-related stocks are also showing strength in tandem.

For reference, the VI is a system that temporarily applies single-price trading in order to mitigate overheated trading by investors when a rapid price change occurs within a certain period of time. Investors should be mindful of the high volatility and also pay attention to changes in trading volume and supply and demand.

[※ This article is provided as reference material for investment decisions, and the final responsibility for investment lies with the investor.]

Oseong Kwon
Staff Reporter

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