KRX Activates Sell-Side Sidecar for KOSPI on Sharp Fall
8 Articles
8 Articles
KRX activates sell-side sidecar for KOSPI on sharp fall
Korea's bourse operator on Thursday activated a sell-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) as the stock index dropped. Program trading for the KOSPI-listed shares was suspended for five minutes at 9:08 a.m, according to the Korea Exchange (KRX). After opening 5.59 percent lower, the KOSPI lost 303.39 points, or 5.05 percent, to 5,705.42 as of 9:11 a.m. Investors sold off semiconductor shares, including Samsung …
The KOSPI plunged 5% early in trading on the 15th, falling below the 5,000 mark. Analysts suggest that investor sentiment is rapidly deteriorating as the outlook for the artificial intelligence (AI) industry wavers. As of 9:01 AM on the day, the KOSPI stood at 5,673.65, down 5.58% from the previous day. The KOSPI... Nextrade
(Seoul = Yonhap News) Reporter Kim Yu-hyang = Amid renewed controversy over the profitability of artificial intelligence (AI) investments, the KOSPI plummeted in early trading on the 15th, centered on large-cap semiconductor stocks...
On the 15th, the KOSPI index opened at 5,673 points, plunging 5.6% from the previous trading day, demonstrating significant market volatility as the shock from US inflation data and concerns about a bubble in the artificial intelligence industry came to the forefront.
Asian stock markets weakened after US inflation rose in September, fueling expectations of an interest rate hike by the Fed.
[Digital Daily Reporter Kang Ki-hoon] The domestic stock market has plummeted once again due to the shock of inflation originating from the United States. The KOSPI fell more than 5% in early trading, dropping to the 5,600 level, while the KOSDAQ is also showing a sharp decline in the 5% range. Concerns over interest rate hikes intensified as the U.S. September consumer price index rose above market expectations, coupled with a flood of sell ord…
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