The Korean shipowner ended the day’s trading in Seoul nearly 14% up on the opening price of KRW 14,050 ($13.3).

The KRW 16,000 per share closing price was the highest level seen in nearly a month.

However shares have still lost heavily since reaching a 2013 high of KRW 24,139 on 19 August.

Close to 5.5 million units changed hands during the session, the highest intraday trading volume since 28 August.

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