South Korea's Kospi surges 11% after worst day on record

Asia-Pacific markets opened higher Thursday, rebounding after several days of steep losses.

Korean stocks rebound, prompt buy curbs

South Korean stocks staged a sharp rebound in early trading Thursday, triggering buy-side sidecars on both the main and secondary bourses. The benchmark Kospi opened 3.09 percent higher at 5,250.92, compared with the previous session, according to the Korea Exchange. The index swiftly extended gains after the opening bell, surging 10.82 percent to 5,644.91 as of 9:40 a.m. Earlier, it even touched an intraday high of 5,715.3. Amid the steep early rally, buy-side sidecars were activated on both th

By The Korea Herald