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Financial authorities are investigating what triggered five local stocks to plunge during Wednesday's trading session, vowing to protect investors from manipulative market schemes. Each of the five companies stated in disclosures on Thursday that they could not identify any evidence of alleged unfair market trading or manipulation.
The financial watchdog will speed up its investigation into the alleged stock manipulation case amid investors' cry over unfair trading. Shares in five companies -- Dongil Industries Co., Manho Rope & Wire Ltd., Pangrim Co., Taihan Textile Co. and Dongil Metal Co. -- plunged by a daily-permissible 30 percent Wednesday, prompting the country's bourse operator, the Korea Exchange, to suspend their trading...