Courtesy of Dong Yang Life

The Korea Exchange announced on the 17th that it will designate Dongyang Life Insurance as a watch-listed stock. This follows the concentration of sell-offs from a small number of accounts over the past three trading days.

From the 13th to this day, the sell participation rate of the single institutional investor that sold the most shares of Dongyang Life Insurance was 10.39%. The sell participation rate from 10 accounts reached 60.35%. This means that more than 60% of Dongyang Life Insurance's sell volume came from these 10 accounts.

Institutions net sold 15.5 billion won worth of Dongyang Life Insurance stock from the 13th to this day. During the same period, individuals took action to 'purchase' 13 billion won, mostly absorbing the volume sold by institutions.

Dongyang Life Insurance's stock price fell by 19.2% (1,100 won) from 5,740 won on the 12th to a closing price of 4,640 won on this day. The average purchase price for 852 Dongyang Life Insurance shareholders linked to Naver Pay's 'My Assets Service' is 6,672 won, resulting in a valuation loss of 30.46% (2,032 won) based on the closing price of this day.

The exchange designates stocks that require investor caution due to sharp price fluctuations over a certain period as market alert stocks, categorized into watch-listed, warning-listed, and risk-listed stocks. Trading may be halted starting from warning-listed stocks.