[Special Stock] KEPCO Shares Plunge 5% as Electricity Rate Hike Put on Hold...

On the 31st, as the ruling party and the government announced a tentative suspension of the electricity and gas rate hike plan, Korea Electric Power Corporation (KEPCO) stock prices have been showing a sharp decline.

[Image source=Yonhap News]

As of 11:19 AM that day, KEPCO's stock price was trading at 17,950 KRW, down 4.98% (940 KRW) compared to the previous trading day.

KEPCO's stock price had been rising, reaching the 19,000 KRW range around 10:50 AM that day, but the stock price graph sharply dropped from the time the ruling party and government announcement was made.