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[Breaking] Doosan Tesna Soars 14% During Session... KRX and Nextrade Successively Trigger VI

Doosan Tesna (131970) surged on the morning of the 8th, triggering the Volatility Intervention (VI) mechanism in succession. As of 10:22 a.m. on the 8th, Doosan Tesna was trading at 124,500 won on the KOSDAQ market, up 15,400 won (14.12%) from the previous trading day. On this day, the static VI w

Oseong Kwon
Staff Reporter
2 min read
[Breaking] Doosan Tesna Soars 14% During Session... KRX and Nextrade Successively Trigger VI
CBC News

Doosan Tesna (131970) surged on the morning of the 8th, triggering the Volatility Intervention (VI) mechanism in succession.

As of 10:22 a.m. on the 8th, Doosan Tesna was trading at 124,500 won on the KOSDAQ market, up 15,400 won (14.12%) from the previous trading day.

On this day, the static VI was triggered for Doosan Tesna on both the Korea Exchange (KRX) and Nextrade (NXT). On NXT, the static VI was triggered at 9:58:46 a.m. and lifted at 10:00:46 a.m. Subsequently, on KRX, the static VI was triggered at 10:20:08 a.m.

With VI triggered consecutively on both trading venues, intraday stock price volatility is expanding.

VI is a system that temporarily switches to single-price trading when stock prices move sharply outside a certain range, in order to mitigate sudden price changes.

As Doosan Tesna records a double-digit gain, attention is focused on whether the upward trend can continue. However, as the stock price has moved significantly in a short period, caution is needed regarding intraday volatility.

[This article is for informational purposes only regarding investment. Investment decisions and any resulting responsibility lie with the investor.]

Oseong Kwon
Staff Reporter

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