The Korea Exchange said on the 30th that it has confirmed 23 low liquidity stocks that will be traded using the single-price transaction method for the year ahead.
The exchange evaluates the liquidity levels of all listed stocks in the securities market and KOSDAQ (excluding those subject to special trading) on an annual basis and selects low liquidity stocks if the transaction cycle exceeds 10 minutes.
The confirmed stocks consist of 21 from the securities market and 2 from KOSDAQ, totaling 23 stocks.
The following stocks were designated in the securities market: ▲Kyeyang Electric Preferred ▲Kumkang Industry Preferred ▲Nexen Preferred ▲NokSibja Holdings Preferred ▲Dongyang Preferred ▲Miwon Holdings ▲Miwon Chemical ▲Bukuk Securities Preferred ▲Seoul Foods Preferred ▲Seongmun Electronics Preferred ▲Jinhung Enterprise Preferred B ▲Korea Circuit Preferred B ▲Crown Haitai Holdings Preferred ▲Kumho Construction Preferred ▲Clean Naroo Preferred ▲Dongyang Preferred B ▲Samyang Holdings Preferred ▲Yuyu Pharmaceutical Preferred B ▲IlYang Pharmaceutical Preferred ▲Jinhung Enterprise Preferred 2B ▲BYC Preferred ▲Daeduk Preferred 1 ▲SeAH Holdings ▲Joheung ▲Cheonil Express ▲Hanyoung Securities Preferred ▲CJ Seafood Preferred 1 ▲JW Pharmaceutical Preferred 2B ▲JW Pharmaceutical Preferred ▲Dongbu Construction Preferred ▲Dongwon Systems Preferred ▲HiteJinro Preferred. In the KOSDAQ market, Daehwa Special Steel Preferred and Softcen Preferred were included.
The selected stocks will be subject to single-price transactions every 30 minutes on the regular market for the next year. However, if corporations implement liquidity improvement measures such as designating liquidity providers (LP) or if the liquidity level of a stock significantly improves, this single-price transaction application will be exempted. If the LP contract is terminated or the liquidity level declines, single-price transactions will be reapplied starting the following month.