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[Breaking] KOSPI surges 14%, KOSDAQ 8%... buy sidecar triggered

TL;DR AI

Key summary

2 min read
  1. KOSPI surged more than 14% and KOSDAQ more than 8% in early trading, triggering buy-side circuit breakers on both markets.

  2. Korea Exchange halted program buy orders for five minutes after the sudden spike in futures-linked prices.

  3. Even after the pause, gains continued, with KOSPI up in the 15% range and KOSDAQ up in the 8% range by 9:36 a.m.

  4. The move highlights unusually high volatility and serves as a signal for investor sentiment and market stability.

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