An electronic board at the dealing room of Hana Bank’s headquarters in Seoul shows the KOSPI index and exchange rate, Thursday. Yonhap
The Korea Exchange (KRX) on Thursday activated a trading halt on the main bourse due to a sharp rally led by tech firms.
A buy-side order in the Korea Composite Stock Price Index (KOSPI) futures was suspended for five minutes at around 9:23 a.m., according to the KRX.
The benchmark KOSPI opened at 7,486, up 277.42 points, or 3.85 percent, and further extended gains.
A buy-side sidecar is triggered when the KOSPI 200 Futures index increases 5 percent or more for at least one minute.
