Buy-side trading curb activated on Kospi after surge
Futures program trading was temporarily halted on the buy side on the Kospi after a sharp surge in the index during trading on Wednesday afternoon.
The temporary trading curb, known locally as a sidecar, was activated by the Korea Exchange at around 2:39 p.m. Wednesday.
This is already the ninth sidecar activated this year.
Trading kicked off nearly 3 percent higher from the previous session on Wednesday morning, driven by sharp gains in blue chip tech shares, despite continuing uncertainties in the Middle East.
BY LIM JEONG-WON [[email protected]]