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Gaon Cable Surges 16.51%, Triggering Sidecar VI... Stock at 247,000 Won

Gaon Cable (000500) soared in early trading, triggering the intraday Volatility Interruption (VI) mechanism. As of 10:36 a.m. on the 7th, Gaon Cable was trading at 247,000 won, up 35,000 won (16.51%) from the previous trading day. A static VI was triggered at 10:24:55 a.m. and lifted at 10:27:18 a

Oseong Kwon
Staff Reporter
2 min read
Gaon Cable Surges 16.51%, Triggering Sidecar VI... Stock at 247,000 Won
CBC News

Gaon Cable (000500) soared in early trading, triggering the intraday Volatility Interruption (VI) mechanism.

As of 10:36 a.m. on the 7th, Gaon Cable was trading at 247,000 won, up 35,000 won (16.51%) from the previous trading day.

A static VI was triggered at 10:24:55 a.m. and lifted at 10:27:18 a.m., after which trading resumed.

At the same time, both major domestic indices were also showing strength.

  • KOSPI: up 3.01% from the previous trading day at 6,888.67
  • KOSDAQ: up 1.52% at 825.90

Attention is focused on whether Gaon Cable can maintain its upward momentum through the latter half of the session and settle above the 250,000-won level.

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

Oseong Kwon
Staff Reporter

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