Search results for Kosdaq150 futures
Finance
Kosdaq slides nearly 5 percent intraday, triggering sell-sidecar
The Kosdaq index slid nearly 5 percent in intraday trading, triggering a sell-sidecar that temporarily halted the effectiveness of program sell orders. The Korea Exchange said program sell orders in the Kosdaq market were suspended for 5 minutes from 10:05 a.m. The Kosdaq150 futures fell 6.06 percent and the Kosdaq150 spot index dropped 5.48 percent at the time of activation. The Kosdaq index later fell 4.82 percent, while the KOSPI was down 0.76 percent.
Finance
KOSPI falls to 5,500 level; circuit breakers triggered in both markets for second straight day
South Korea\'s KOSPI slid to the 5,500 level after breaking below 6,000, triggering a Level 1 circuit breaker for the second straight day in both the KOSPI and Kosdaq markets. The Kosdaq circuit breaker was triggered at 12:19:12 p.m., and the KOSPI at 12:32:32 p.m., after each index fell more than 8 percent. Sell-sidecar measures were also activated earlier in both markets.
Finance
KOSPI, KOSDAQ slide over 5 percent trigger sidecar for 10th straight day
South Korean markets triggered a sidecar for the 10th straight day after the KOSPI and KOSDAQ fell more than 5 percent on July 24. The KOSPI was down 5.84 percent and the KOSDAQ fell 5.24 percent. Selling sidecars were triggered in both markets, halting program sell orders briefly. Most large-cap stocks dropped, while Samsung Biologics rose. The won strengthened against the dollar.
