Kolon Industries FnG (950160) recovered to the 19,700-won range on strong gains in early trading but turned lower as selling pressure flowed in.

As of 9:23 a.m. on the 6th, Kolon Industries FnG is trading at 17,800 won, down 860 won (4.61%) from the previous trading day. It showed strength in early trading by rising to 19,730 won but gave up its gains and turned weak.

Previously, Kolon Industries FnG boosted investor sentiment by closing higher for four consecutive trading days from July 31 to August 5. In particular, on the 5th, it rose to as high as 20,650 won during the session, recovering the 20,000-won level for the first time since July 23.

Market attention is now focused on whether the stock has entered a consolidation phase following its recent strong uptrend. Given the expanding intraday volatility, investors need to closely monitor the stock's price movements.

At the same time, the KOSDAQ index, where Kolon Industries FnG is listed, is also trending lower, moving around the 790 level, down 1.10% from the previous day.

[※ This article is not an investment solicitation, and all responsibility for investment decisions lies with the investor.]