Bourse operator issues sell-side sidecar for KOSPI following sharp drop (original) (raw)

SEOUL, April 2 (Yonhap) -- The bourse operator on Thursday triggered a sell-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI), temporarily halting program trading after the index plunged sharply amid renewed concerns over an escalation in the Middle East.

Program trading for the KOSPI was suspended for five minutes at around 2:46 p.m., after the index fell more than 5 percent, according to the Korea Exchange (KRX).

A sell-side sidecar is triggered when the KOSPI 200 futures index drops 5 percent or more for at least one minute.

A screen at a dealing room of Woori Bank in Seoul shows U.S. President Donald Trump delivering a public address on the Iran conflict on April 2, 2026. (Yonhap)

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