The Korea Exchange triggered a sell-sidecar on the KOSPI market at 10:16 a.m., Thursday, temporarily suspending program sell orders.
It was the 56th sidecar activation on the Kospi market this year and the 29th triggered by selling.
At the time of activation, KOSPI 200 futures were trading at 843.96, down 46.48 points (5.21%) from the previous trading day. The KOSPI sell sidecar is a market stabilization mechanism triggered across the entire KOSPI market when the KOSPI 200 futures price remains at least 5% lower than the previous day's level for more than one minute.
At the same time, the KOSPI index was calculated at 5,418.85, down 264.95 points (4.66%) from the previous day. The KOSDAQ index stood at 683.72, down 31.23 points (4.37%).
in STOCK
