KRX issues sell-side sidecar after KOSPI plunges over 5 pct

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| 2026-03-03 12:33:54

▲ This photo shows a financial index screen in the dealing room of Hana Bank in Seoul on March 3, 2026. (Yonhap)

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KRX issues sell-side sidecar after KOSPI plunges over 5 pct

SEOUL, March 3 (Yonhap) -- South Korea's main bourse operator, the Korea Exchange (KRX), on Tuesday issued a sell-side sidecar, temporarily halting trading after a sharp drop sparked by market concerns over U.S. airstrikes on Iran.

Selling of the KOSPI 200 Futures index was suspended for five minutes at 12:05 p.m., according to the KRX.

The index fell 47.75 points, or 5.09 percent, to 890.05 at that time.

It marked the first sell-side sidecar since Jan. 6.

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

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