South Korea's bourse operator activated a sell-side sidecar for the KOSPI on Monday after the index fell sharply due to renewed Middle East tensions and U.S. strikes on Iran, suspending program trading for five minutes.
South Korea's bourse operator activated a sell-side sidecar for the KOSPI on Wednesday after the index fell sharply due to heavy selling of tech and large-cap stocks. Program trading was suspended for five minutes as investors reassessed AI trade.
South Korea's bourse operator activated a sell-side sidecar for the KOSPI index on Tuesday after it tumbled sharply due to heavy selling pressure. Program trading was suspended for five minutes as investors locked in profits following Samsung Electronics' strong preliminary second-quarter earnings estimate.
South Korea's bourse operator activated a sell-side sidecar for the KOSPI index on Thursday as it tumbled due to heavy selling in semiconductor shares, following a U.S. tech selloff. Program trading was suspended for five minutes after the market opened.
South Korea's bourse operator, Korea Exchange (KRX), activated a sell-side sidecar for the benchmark KOSPI index on Friday, suspending program trading for five minutes, as the index sharply declined by 5.08% due to investors dumping big-cap technology shares.
South Korea's bourse operator activated a sell-side sidecar for the KOSPI index on Tuesday as it slid sharply, losing 3.73 percent. Program trading was suspended for five minutes after the KOSPI 200 Futures index dropped over 5 percent.
South Korea's stock market has seen its highest number of sidecar triggers since the 2008 financial crisis, with 20 issued so far this year. This reflects growing market volatility driven by AI boom stocks and Middle East conflict.
South Korean stocks opened sharply lower Monday, triggering a sell-side sidecar for the second consecutive session. The KOSPI fell over 4% as investors tracked Wall Street declines amid inflation woes from the Middle East situation.
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