▲ Officials celebrate the Korea Composite Stock Price Index topping the 7,000-point mark at the dealing room of Hana Bank in Seoul on May 6, 2026. (Yonhap)

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KRX issues buy-side sidecar for KOSPI on sharp rise

SEOUL, May 6 (Yonhap) -- The Korea Exchange (KRX) on Wednesday activated a trading halt on the main bourse as shares rallied on hopes for signs of progress toward a U.S.-Iran peace deal.

A buy-side sidecar order in Korea Composite Stock Price Index (KOSPI) futures was suspended for five minutes at 9:06 a.m., according to the KRX.

The benchmark KOSPI opened at a fresh high of 7,093.01, up 156.02 points, or 2.25 percent.

It marks the first buy-side sidecar since April 8.

A buy-side sidecar is triggered when the KOSPI 200 Futures index increases 5 percent or more for at least one minute.

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