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[Breaking] Dongwha Pharmaceutical Surges Over 15%, Circuit Breaker Triggered for Third Time... Standout Performer Amid KOSPI and KOSDAQ Plunge

Dongwha Pharmaceutical (000020) showed a sharp upward trend during trading on the 16th, triggering the Volatility Control Mechanism (VI) multiple times. Accordi

Oseong Kwon
Staff Reporter
3 min read
[Breaking] Dongwha Pharmaceutical Surges Over 15%, Circuit Breaker Triggered for Third Time... Standout Performer Amid KOSPI and KOSDAQ Plunge
CBC News

Dongwha Pharmaceutical (000020) showed a sharp upward trend during trading on the 16th, triggering the Volatility Control Mechanism (VI) multiple times. According to the Korea Exchange, a static VI was triggered a total of three times for Dongwha Pharmaceutical on this day.

The first VI was triggered at 9:02:24 a.m. and lifted at 9:04:27 a.m. The second was triggered at 9:09:29 a.m. and lifted at 9:52:55 a.m. The third static VI was triggered at 9:09:51 a.m. and lifted at 9:12:08 a.m.

As of 10:28 a.m., Dongwha Pharmaceutical is trading at 6,950 won, up 940 won (15.64%) from the previous trading day.

At the same time, the domestic stock market showed a sharp decline. The KOSPI fell 495.78 points (6.80%) from the previous trading day to 6,788.63, while the KOSDAQ dropped 36.63 points (4.41%) to 792.80, with both major indices continuing their downward trend.

Even as the broader market undergoes a significant correction, strong buying interest has poured into Dongwha Pharmaceutical from the opening of the session, triggering consecutive VIs and drawing concentrated market attention. Investors are closely watching whether the upward trend will continue.

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

Oseong Kwon
Staff Reporter

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