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SillaJen Closes Up More Than 8% Despite KOSDAQ Weakness... Static VI Triggered Intraday

SillaJen (215600) closed higher by more than 8% on the 19th, bucking the weakness of the KOSDAQ index. SillaJen finished the day's trading at 2,285 won, up 8.04%. The intraday low was 2,060 won and the high was 2,745 won. On the same day, the KOSDAQ index closed at 824.46, down 1.16%. As the stock

Wooil Shim
Staff Reporter
2 min read
SillaJen Closes Up More Than 8% Despite KOSDAQ Weakness... Static VI Triggered Intraday
CBC News

SillaJen (215600) closed higher by more than 8% on the 19th, bucking the weakness of the KOSDAQ index.

SillaJen finished the day's trading at 2,285 won, up 8.04%. The intraday low was 2,060 won and the high was 2,745 won.

On the same day, the KOSDAQ index closed at 824.46, down 1.16%. As the stock showed strength in the opposite direction of the broader market weakness, attention is now focused on SillaJen's future share price movement.

Meanwhile, in the domestic stock market that day, SillaJen exhibited increased price volatility as a static Volatility Intervention (VI) mechanism was triggered intraday. According to trading records from the Korea Exchange (KRX), SillaJen's static VI was triggered at 12:33:11 p.m. on the 19th. The trigger price was 2,345 won, which was 10.09% higher than the static VI reference price of 2,130 won. The VI was subsequently lifted at 12:35:31 p.m.

[※ This article is not intended to solicit investment. The final judgment and responsibility for all investments rest with the investor.]

Wooil Shim
Staff Reporter

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