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Sidecar and Circuit Breaker Triggered as KOSPI Retreats to 8,400 Level

Sidecar and Circuit Breaker Triggered as KOSPI Retreats to 8,400 Level
▲ The KOSPI and other indices are displayed on a screen at the Hana Bank dealing room in Jung-gu, Seoul, on June 26.

The KOSPI fell nearly 6 percent today (June 26), retreating to the 8,400 level.

The KOSPI closed at 8,411.21, down 519.09 points (5.81 percent) from the previous trading day.

The index opened at 8,813.18, down 117.12 points (1.31 percent) from the previous close, and gradually expanded its losses, at one point sliding to 8,126.84.

As a result, a sell-side sidecar was triggered at approximately 11:12 a.m., followed by a circuit breaker at around 12:10 p.m.

The KOSDAQ index closed at 851.37, down 36.44 points (4.10 percent) from the previous trading day.

(Photo: Yonhap News)
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