KOSDAQ Market, Buy-Sidecar Activated
On the 20th, as the KOSPI and KOSDAQ indices started higher, dealers were busy working in the dealing room of KB Kookmin Bank in Yeouido, Yeongdeungpo-gu, Seoul. The won-dollar exchange rate opened the market down 32.0 won at 1,253.7 won. Photo by Moon Honam munonam@
View original image[Asia Economy Reporter Park Jihwan] The KOSDAQ market surged more than 6%. The Korea Exchange KOSDAQ Market Headquarters announced at 1:15 PM on the 20th that a buy-sidecar was triggered in the KOSDAQ market.
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The KOSDAQ market buy-sidecar is triggered when the KOSDAQ150 futures price rises more than 6% compared to the reference price, and the KOSDAQ150 index remains up more than 3% for over one minute.
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