[Breaking] Kumho Tire Surges 29.98% to Daily Limit... Volatility Interruption (VI) Triggered Twice
On the morning of the 10th, Kumho Tire (073240) surged to its daily upper limit in the stock market amid strong buying interest. As of 10:17 a.m. on the same da
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On the morning of the 10th, Kumho Tire (073240) surged to its daily upper limit in the stock market amid strong buying interest.
As of 10:17 a.m. on the same day, Kumho Tire settled at its daily limit, trading at 7,800 won, up 29.98% — the maximum allowable price change. The stock price soared as it attracted concentrated buying volume from the early stages of the session.
Due to the rapid expansion in volatility, the Volatility Interruption (VI) mechanism was triggered twice during the session, according to the Korea Exchange (KRX).
• First VI: Triggered at 9:15:11 a.m. / Lifted at 9:17:35 a.m. • Second VI: Triggered at 10:03:21 a.m. / Lifted at 10:05:43 a.m.
Despite the VI activations, buying pressure continued, pushing the stock price up to the daily limit of 7,800 won.
In the market, there is significant interest in whether Kumho Tire can maintain its upper limit and how trading volume trends will unfold, given that the stock rose to the maximum price change based on solid supply and demand from the opening of the session. However, as stock price volatility may further expand depending on changes in buying and selling volume during the session, investors are advised to respond with caution.
[※ This article is provided as reference material for investment decisions, and the final responsibility for investments lies with the investor.]
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