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[Breaking] Pado Plunges Over 14% as VI Triggered; KOSPI and KOSDAQ Both Weaken

Pado (440110) is showing weakness, plunging more than 14% alongside the triggering of a Volatility Intervention (VI) device early in the session. As the broader

CBC News Desk
Staff Reporter
2 min read
[Breaking] Pado Plunges Over 14% as VI Triggered; KOSPI and KOSDAQ Both Weaken
CBC News

Pado (440110) is showing weakness, plunging more than 14% alongside the triggering of a Volatility Intervention (VI) device early in the session. As the broader domestic stock market faces downward pressure, the decline is widening.

According to the Korea Exchange on the 23rd, Pado is currently trading at 98,900 won as of 9:50 a.m., down 17,000 won (14.67%) from the previous trading day.

On this day, a static VI was triggered for Pado at 9:17:11 a.m. and lifted at 9:19:40 a.m.

At the same time, KOSPI stood at 9,020.84, down 93.71 points (1.02%) from the previous trading day, while KOSDAQ fell to 935.31, down 33.09 points (3.41%), with both major indices weakening.

Meanwhile, it is necessary to monitor stock price trends while keeping a close watch on domestic and international market volatility and supply-demand dynamics.

[※ Investors should be mindful of the widening volatility associated with sharp stock price fluctuations, and investment decisions and responsibilities rest solely with the individual.]

CBC News Desk
Staff Reporter

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