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[Breaking] Gaonchips(399720) Breaks 50,000 Won Level Following VI Activation... Surges Over 25%

Gaonchips(399720) is showing a sharp upward trend, breaking the 50,000-won level after a volatility trading halt (VI·sidecar) was triggered during the session.

Oseong Kwon
Staff Reporter
2 min read
[Breaking] Gaonchips(399720) Breaks 50,000 Won Level Following VI Activation... Surges Over 25%
CBC News

Gaonchips(399720) is showing a sharp upward trend, breaking the 50,000-won level after a volatility trading halt (VI·sidecar) was triggered during the session.

According to the Korea Exchange on the 27th, as of 1:16 p.m. on the same day, Gaonchips is trading at 50,300 won, up 10,300 won (25.75%) from the previous trading day. As market sentiment improved rapidly, the stock price surpassed the 50,000-won level.

On this day, a static VI for Gaonchips was triggered at 12:59:53 p.m. and lifted at 1:02 p.m. Even after the VI was lifted, strong buying pressure continued, effectively maintaining the upward momentum.

In the stock market, attention is focused on whether Gaonchips, which surged due to concentrated buying during the session, can stabilize at the 50,000-won level, and whether the upward trend will continue in the afternoon session.

[This article is not intended to solicit investment. The content in the article is for reference only, and the final decision and responsibility for investing lie with the investor.]

Oseong Kwon
Staff Reporter

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