NEWSLETTER

Weekly Update: 2022 June 24

Price update for week ending June 24 -

 

Market volatility continued onto the fourth week as prices fluctuated to a weekly high of ₩21,000 before falling to close this week at ₩16,700 for a weekly loss of -6.70%.

 

After the extreme volatility in the first two weeks of June brought by companies adjusting their positions, KAU prices showed an uptrend after the completion of the borrowing and banking application period supported by continued buying from the compliance companies.

 

This week showed an opposite trend, with supply weighing down on prices again.

 

The market is pulled on both sides and will remain in that state until the compliance ends.