KRX issues buy-side sidecar for KOSPI on sharp rise

South Korea's bourse operator Monday activated a buy-side sidecar for the benchmark Korea Composite Stock Price Index as the index spiked sharply, boosted by a peace deal agreement reached between the United States and Iran. Program trading for the KOSPI-listed shares was suspended for five minutes shortly after the market opened, according to the Korea Exchange (KRX). The KOSPI rose 327.7 points, or 4.03 percent, to 8,451.32 as of 9:07 a.m. The KOSPI sharply gained ground as investors scooped u

By The Korea Herald