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Buy-side sidecar activated on Kospi, Kosdaq on surge in demand after opening

Published: 05 Mar. 2026, 09:30 Updated: 05 Mar. 2026, 09:35

YOON SO-YEON
[email protected]

Dealers work inside a trading room in Hana Bank in central Seoul on March 5. The Kospi and Kosdaq markets started stronger, breaking a two-day fall. [YONHAP]

Trading was halted on the buy side for both Kospi and Kosdaq after seeing a surge in demand just minutes into trading on Thursday morning.

The temporary trading curb — known locally as a sidecar — was activated by the Korea Exchange on both markets at around 9:06 a.m.

The curb lasted for five minutes.

This is the sixth sidecar activated on the Korean stock market this year: four on the buying side, two on the sell-side.

Korean stocks started higher on Thursday after plummeting for two days earlier in the week due to uncertainties stemming from the Iran war.

The Kospi rose to 5,540.80, up 10.92 percent compared to the previous day, at 9:03 a.m. The Kosdaq also soared 9.92 percent to mark 1,076.95 at the same time.

BY YOON SO-YEON [[email protected]]