{"id":43358,"date":"2025-01-26T19:39:17","date_gmt":"2025-01-26T14:09:17","guid":{"rendered":"https:\/\/www.businessupturn.com\/asia\/?p=43358"},"modified":"2025-01-26T19:39:17","modified_gmt":"2025-01-26T14:09:17","slug":"market-summary-dae-young-packaging-plunges-22-49-as-stock-falls-to-1740-krw-amid-massive-selloff","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/asia\/east-asia\/south-korea\/market-summary-dae-young-packaging-plunges-22-49-as-stock-falls-to-1740-krw-amid-massive-selloff\/43358\/","title":{"rendered":"Market summary: Dae Young Packaging plunges 22.49% as stock falls to 1,740 KRW amid massive selloff"},"content":{"rendered":"<p>Dae Young Packaging Co., Ltd. (014160.KS) experienced a sharp decline on January 24, 2025, closing at 1,740 KRW, a 22.49% drop from the previous close of 2,245 KRW. The stock\u2019s steep decline came after opening at 2,025 KRW and trading within a wide range of 1,681 KRW to 2,050 KRW during the session.<\/p>\n<p>This downturn was accompanied by an extraordinary surge in trading volume, with 56,059,534 shares traded\u2014over ten times the average volume of 5,256,596 shares. The selloff brought the company\u2019s market capitalization down to 165.714 billion KRW.<\/p>\n<p>Dae Young Packaging\u2019s beta of 1.14 indicates a slightly above-average level of market volatility.\u00a0The stock\u2019s 52-week high of 2,245 KRW, achieved earlier this year, now contrasts sharply with the session\u2019s closing price, which approaches its 52-week low of 927 KRW.<\/p>\n<p><em><strong>Disclaimer: <\/strong><\/em>This article is for informational purposes only and does not constitute financial advice. Investors are encouraged to perform their research or consult with a financial advisor before making investment decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dae Young Packaging Co., Ltd. (014160.KS) experienced a sharp decline on January 24, 2025, closing at 1,740 KRW, a 22.49%\u2026<\/p>\n","protected":false},"author":367,"featured_media":39663,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-43358","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-south-korea"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/43358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/users\/367"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/comments?post=43358"}],"version-history":[{"count":1,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/43358\/revisions"}],"predecessor-version":[{"id":43359,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/43358\/revisions\/43359"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media\/39663"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media?parent=43358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=43358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=43358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}