[Market Focus] "Investment Warning Lifted" SK Square Surges Over 7%

SK Square's stock price surged by 7% on the morning of December 26 in the domestic stock market. The rally is attributed to increased buying following the lifting of the investment warning designation.

As of 9:55 a.m. on this day, SK Square was trading at 344,500 won per share, up 7.32% from the previous session.

Previously, the Korea Exchange announced that it would lift the investment warning designation on SK Square. The exchange explained that the decision was made because the closing price on December 24, which was the tenth day after the designation date of December 11, did not rise by 45% or more compared to the closing price five days earlier, thereby meeting the required conditions for removal.

SK Square, which has been strengthening its shareholder return policy, also recorded net institutional buying for six consecutive trading days recently.