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[Breaking] Sammi Metal Surges 23% During Trading... VI Triggered Twice

Sammi Metal (012210) surged during trading on the 7th, triggering the volatility interruption mechanism (VI) twice. A dynamic VI was triggered at 10:34:44 a.m., followed by a static VI at 12:02 p.m. As of 12:36 p.m., Sammi Metal was trading at 10,280 won on the KOSDAQ market, up 1,930 won (23.11%)

Oseong Kwon
Staff Reporter
2 min read
[Breaking] Sammi Metal Surges 23% During Trading... VI Triggered Twice
CBC News

Sammi Metal (012210) surged during trading on the 7th, triggering the volatility interruption mechanism (VI) twice.

A dynamic VI was triggered at 10:34:44 a.m., followed by a static VI at 12:02 p.m.

As of 12:36 p.m., Sammi Metal was trading at 10,280 won on the KOSDAQ market, up 1,930 won (23.11%) from the previous trading day. The share price has risen above the 10,000-won level.

The VI is a system that switches trading to single-price auctions for two minutes to ease price fluctuations when a stock moves sharply in a short period. A dynamic VI is triggered based on the last traded price, while a static VI is triggered when the price moves outside a certain range based on the previous day's closing price or the most recent single-price auction.

As the intraday gain exceeded 20%, market attention is focused on whether Sammi Metal can sustain its current strength going forward.

[※ This article is for reference in making investment decisions, and responsibility for investments lies with the investor.]

Oseong Kwon
Staff Reporter

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