Exchange "Will continuously monitor the concentrated buying campaign of specific stocks"

[Asia Economy Reporter Lee Seon-ae] The Korea Exchange Market Surveillance Committee announced on the 1st that it conducted a detailed analysis of the correlation between trading participant accounts and inducement posts, as well as trading patterns, related to the concentrated buying campaign of specific stocks (an act of encouraging purchases by specifying the timing and method of concentrated buying) that occurred on July 15 last year.

The Exchange found several accounts presumed to be participants in the campaign that either pre-purchased before a specific time or repeatedly bought and sold. However, considering that the trading profits were not significant or losses occurred, and that the concentrated buying was a one-time event, the investigation was concluded.

The Exchange emphasized, "If similar acts occur, there is a high possibility of legal violations, so we plan to continue intensive monitoring in the future."

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