Weekly Update: 2022 June 17

Price update for week ending June 17 -


KAU prices have climbed up this week to close +20.95% higher compared to the previous week. Trade volume nearly doubled in two weeks—the period of allowance banking and borrowing applications—when prices reached as low as ₩13,350 due to massive selling.

The significant drop in prices was enough for short companies to buy allowances, as well as trigger the market volatility measures, giving stronger buying support that the market needs, enabling market makers to raise prices during this week.

Although the official application period has been completed, the market is still highly volatile particularly when the volatility measures are lifted.