Business · Markets · 2 hrs ago
DTS shares more than double on first day of KOSDAQ trading
DTS shares rose 101.08% in early trading on October 23, the company’s first day on South Korea’s KOSDAQ market.
At 9:04 a.m., the shares were trading at 37,200 won, up 18,700 won from the previous trading day.
DTS makes industrial heat exchangers, equipment used to transfer heat in industrial systems.
Its products are used in liquefied natural gas, oil refining and petrochemical operations, and power plants.
The sharp rise came on its market debut, but the reported price was an early-trading snapshot.
The company’s listing puts its shares on the KOSDAQ, a South Korean stock market.
The available information does not say how the shares traded later or what comes next.
DTS shares rose more than 100% early on their first day of trading on South Korea’s KOSDAQ market on October 23.
At 9:07 a.m., the shares traded at 37,400 won, 102.16% above their offer price of 18,500 won, Yonhap reported.
The shares opened at 32,350 won and briefly climbed to 38,400 won, Yonhap reported.
DTS designs and makes air-cooled heat-management equipment for LNG facilities, refineries, petrochemical plants and power stations.
- Who
- DTS, an industrial equipment maker.
- What
- Its shares rose more than 100% on their first day of KOSDAQ trading.
- When
- October 23, 2026.
- Where
- The KOSDAQ market in South Korea.
- Why
- Not stated.
This story does not have two clearly opposing sides.
DTS shares traded at 37,200 won, up 101.08% from the previous trading day, Chosun Ilbo reported.
DTS shares traded at 37,400 won, 102.16% above the 18,500-won offer price, Yonhap reported.
The shares opened at 32,350 won and briefly reached 38,400 won, Yonhap reported.
- Offer price
- 18,500 won per share
- Price at 9:04 a.m.
- 37,200 won
- Price at 9:07 a.m.
- 37,400 won
- Early-trading peak
- 38,400 won
- Opening price
- 32,350 won