KOSDAQ Surges, Trading Halt Triggered by Buy Sidecar

The KOSDAQ index is showing a gain of over 3% during today's (June 11) trading session, leading to the activation of a "buy sidecar," which temporarily halts program buy orders.

The Korea Exchange suspended the validity of program buy orders for five minutes starting at 1:58:59 PM today due to fluctuations in the KOSDAQ 150 futures and spot indices.

At the time of activation, the KOSDAQ 150 futures index was at 1,757.60, up 101.90 points from the previous trading day.

The KOSDAQ 150 spot index was at 1,753.70, up 82.68 points.

In the KOSDAQ market, a sidecar is triggered when the KOSDAQ 150 futures price rises by 6% or more from the reference price and the KOSDAQ 150 index rises by 3% or more from the previous trading day's closing value, with both conditions sustained for one minute.

This is the second time in two days that a buy sidecar has been triggered in the KOSDAQ market, following the activation on June 9.

As of 2:06 PM today, the KOSDAQ index is at 986.54, up 34.91 points.

Meanwhile, the KOSPI is showing a mixed trend with repeated fluctuations, standing at 7,729.63, down 1.19 points at the same time.
※ Please note: This article was translated by AI and may contain errors.