[Breaking] KOSPI Opens Lower, Loses 5,000 Mark...Sell-Sidecar Triggered
![[Breaking] KOSPI Opens Lower, Loses 5,000 Mark...Sell-Sidecar Triggered](http://www.asiae.co.kr/news/img_view.htm?img=2026020414452628585_1770183926.png)
The KOSPI index opened lower on the 6th and lost the 5,000 mark.
As of 9:02 a.m. on the same day, the KOSPI index was trading at 4,948.99, down 214.5 points (‑4.16%) from the previous trading day. The KOSDAQ was also trading at 1,059.94, down 48.47 points (‑4.37%) from the previous trading day.
Hot Picks Today
He Left It in the Car and Forgot... "I Nearly Collapsed with Joy": Man Wins $1.48 Million Lottery
- Goldman Sachs Cuts KOSPI Target by 25%... "Excessive Pessimism, Still Attractive"
- "'Nodding Off' on the Subway? Here's Why Koreans Are Getting Even Less Sleep"
- Breath Test Administered "Out of the Blue" While He Slept at Police Substation... Supreme Court: "No Mouth Rinse, So Evidence Was Illegally Obtained"
- Beachgoer Finds 'Plastic' That Turns Out to Be Perfume Ingredient Worth More Than Twice as Much as Gold
At 9:06 a.m. on the same day, the Korea Exchange triggered a sell-sidecar on the KOSPI market. A sell-sidecar is a mechanism under which, if the KOSPI 200 futures remain in a declining state for one minute, the effectiveness of program-trading sell orders is suspended for five minutes.
This content was produced with the assistance of AI translation services.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.
