Kospi roars back after brutal two-day rout

South Korean stocks staged a sharp rebound during trading Thursday, partially recovering from a two-day rout that rattled local markets. Buy-side sidecars were triggered on both the main and secondary bourses as a surge in buying pressure pushed prices sharply higher. The benchmark Kospi opened 3.09 percent higher at 5,250.92, compared with the previous session, according to the Korea Exchange. The index quickly extended its gains after the opening bell, touching an intraday high of 5,715.30 in

By The Korea Herald