Kardemir (A) group shares, traded under the ticker KRDMA, reached the daily upper limit price in the later hours of the session as of May 4.
The shares, which opened the day at 38.70 TL, followed an upward trend throughout the day, rising to as high as 39.14 TL. Around 16:59, they reached the daily upper limit with a 10% gain.
The rise in the shares was supported by increasing buying appetite throughout the session, while the intraday trading volume also drew attention. Kardemir shares made a strong start to the week and showed a steady upward trend during the day.
It was also observed that the overall momentum in industrial stocks on Borsa İstanbul accompanied the pricing in Kardemir shares, while the limit-up movement in the KRDMA group became a focal point for market participants.
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