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Daewon Electric and Daewon Electric Preferred Shares Surge Together... VI Triggered, 'Volatility Expands'

On the afternoon of the 22nd, as the domestic stock market continues its upward trend, Daewon Electric and Daewon Electric Preferred Shares are both expanding t

Oseong Kwon
Staff Reporter
3 min read
Daewon Electric and Daewon Electric Preferred Shares Surge Together... VI Triggered, 'Volatility Expands'
CBC News

On the afternoon of the 22nd, as the domestic stock market continues its upward trend, Daewon Electric and Daewon Electric Preferred Shares are both expanding their gains.

As of 1:32 p.m. on this day, Daewon Electric is trading at 13,110 won, up 10.72% from the previous trading day. At the same time, Daewon Electric Preferred Shares are up 7.94%, trading at 11,000 won. Notably, Daewon Electric Preferred Shares saw a Volatility Interruption (VI) mechanism triggered at 1:23:28 p.m. and lifted at 1:25:39 p.m., indicating a rapid inflow of investor sentiment within a short period.

The broad market strength is also having a positive impact on individual stock trends. As of 1:32 p.m., the KOSPI is up 4.61% at 7,059.59, and the KOSDAQ is up 2.98% at 775.84, with both markets maintaining their upward trajectories. The revival of risk appetite is interpreted as having a positive effect on Daewon Electric's share price as well.

As market interest in cable and power infrastructure-related stocks continues recently, Daewon Electric drew investors' attention by recording an intraday gain of more than 10% today. With Daewon Electric Preferred Shares experiencing enough volatility to trigger a VI, market attention is now focused on whether the upward momentum can be sustained through the latter half of the session.

[※ Investment Caution: This article does not recommend the purchase or sale of any specific stock. All investment decisions and responsibilities lie with the investor.]

Oseong Kwon
Staff Reporter

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