▲ The KOSPI and other market indicators are displayed on a board at the dealing room of the Hana Bank headquarters in Jung-gu, Seoul, on the 21st. On this day, the KOSPI opened up 113.60 points (2.05%) at 5,666.34, while the Kosdaq opened up 11.43 points (1.46%) at 793.40.
Recovering from the previous day's decline, the KOSPI showed a sharp surge of over 4%, triggering a program buy order temporary suspension (buy sidecar) on the main bourse.
According to the Korea Exchange, at around 10:51:56 a.m. today (the 21st), the effect of program buy quotes was suspended for 5 minutes in the KOSPI market due to fluctuations in the KOSPI 200 futures index.
At the time of activation, the KOSPI 200 futures index stood at 904.84, up 44.94 points (5.22%) from the previous day's closing price.
The KOSPI buy sidecar is triggered when the price of KOSPI 200 futures rises by 5% or more compared to the base price and sustains that level for 1 minute.
Currently, the KOSPI is on an upward trend fueled by strength in semiconductor stocks.
As of 10:58 a.m., Samsung Electronics (+7.80%) and SK Hynix (+8.34%) are showing significant stock price increases.
At the same time, the KOSPI is up 261.32 points (4.71%) at 5,814.06.
Meanwhile, the Kosdaq is up 17.71 points (2.26%) at 799.68.
(Photo: Yonhap News)
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