[Special Stock] Stocks Plunged by SG Incident All Close Higher (Comprehensive)

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Stocks suspected of price manipulation, which started with a selling bombshell from the foreign securities firm SG Securities, rebounded and closed higher after five trading days.

On the 28th, Samchully closed at 153,000 won, up 22.89% from the previous trading day. Daesung Holdings, which had hit the lower limit for four consecutive days, also closed at 34,050 won, up 8.79% from the previous trading day.

In addition, Seoul Gas (13.49%), Dow Data (5.34%), Harim Holdings (2.97%), Sebang (11.07%), and Daol Investment & Securities (10.43%) also closed higher together.

Seongwang, which had been the only stock recording a decline, also reversed to rise, closing at 41,250 won, up 2.10% from the previous trading day.

These stocks recorded the lower limit on the 24th due to a large volume of sell orders from SG Securities, spreading suspicions of price manipulation and causing investor sentiment to sharply cool.

The prosecution has imposed travel bans on about 10 key figures involved in the price manipulation and is investigating the case through on-site searches and seizures.

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