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Even as KOSPI and KOSDAQ Plunge Simultaneously, Photon, NCN, and Others March to Upper Limits... Individual Stock Strength Remains Distinct

On the 28th, while the domestic stock market recorded a historic crash, some stocks surged to their daily price limits, showing a starkly differentiated market

Oseong Kwon
Staff Reporter
3 min read
Even as KOSPI and KOSDAQ Plunge Simultaneously, Photon, NCN, and Others March to Upper Limits... Individual Stock Strength Remains Distinct
CBC News

On the 28th, while the domestic stock market recorded a historic crash, some stocks surged to their daily price limits, showing a starkly differentiated market trend.

As of the afternoon, the KOSPI fell 10.83% from the previous trading day to 6,023.66, and the KOSDAQ was also heading toward a close at 705.85, down 7.71%. Both markets saw sell-side sidecars and circuit breakers triggered in succession during the session, sharply expanding volatility.

However, separate from the index weakness, strong buying interest poured into individual stocks. The upper-limit gainers on this day included Photon (30.00%), NCN (30.00%), Celid (29.99%), Jinhung Enterprise 2nd Preferred B (29.98%), Bioinfra (29.97%), NanoCMS (29.96%), NewenAI (29.93%), ICH (29.91%), Medfacto (29.85%), and PioneerX (29.83), among others, sidestepping the overall downward trend.

The market analyzes that while most sectors fell in tandem, buying interest concentrated on certain stocks, resulting in a number of upper-limit gainers. In particular, during periods of extreme volatility, an individual stock's own momentum—rather than any specific theme—tended to dominate price movements, a trend that was especially pronounced.

However, hasty assumptions or unconditional optimism should be approached with caution.

[※ This article is intended to convey market trends and does not constitute a buy or sell recommendation or investment solicitation for any specific stock. Investment decisions and the resulting responsibility lie solely with the investor.]

Oseong Kwon
Staff Reporter

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