On the 24th, many stocks hit the lower limit due to the mass sale of foreign securities companies in the stock market

On the 24th, many stocks hit the lower limit due to the mass sale of foreign securities companies in the stock market: COMPANY / Reporter Paul Lee / 2023-04-24 23:53:12

This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology

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[Alpha Biz=(Chicago) Reporter Paul Lee] On the 24th, several stocks hit the lower limit without much issue in the stock market. In the background, there was a mass sale of foreign securities firms, and the Korea Exchange began reviewing the contents.

In the KOSPI and KOSDAQ markets, shares of Daol Investment & Securities, Samchully, Daesung Holdings, Seoul Gas, Sebang, Harim Holdings, Sunkwang and Dow Data closed at a lower price limit (-30%) compared to the previous trading day. CJ also plunged 28.15% during the day compared to the previous trading day, but reduced its fall to close at 94,900 won, down 12.70%.

Although these stocks have nothing in common in the industry, it has been confirmed that SG Securities, a foreign securities firm, has risen to the top of the selling list. SG Securities sold 197,806 shares of CJ on the same day, while Daol Investment & Securities (616,762 shares), Samchully (13,691 shares), Daesung Holdings (11,909 shares), Seoul Gas (7,639 shares), Sebang (121,925 shares), Harim Holdings (1,912,287 shares), Sunkwang (4,298 shares) and Dow Data (338,115 shares) also sold in large quantities.

An official of the Korea Exchange said, "We are checking whether the SG Securities order that occurred today is normal."