KOSDAQ Buy Sidecar Triggered... KOSPI Drops Over 1% (Update)
KOSPI Falls Below 5,500
Individual Investors Continue Net Buying in Both Markets
The KOSDAQ index continued its sharp upward climb for the second consecutive day, triggering a "sidecar" (temporary suspension of program trading bids) early in the session on the 6th. In contrast, the KOSPI index saw a decline of more than 1%, showing signs of stagnation.
The Korea Exchange announced that at 9:11 a.m. on this day, a buy-side sidecar was triggered in the KOSDAQ market. The activation condition was met as the KOSDAQ 150 futures price rose by more than 6% compared to the previous day. As a result, program trading was suspended for five minutes from the time of activation, after which it was automatically lifted.
After the sidecar, which was triggered for the second straight day, was lifted, the KOSDAQ index stood at 1,128.59 as of 9:55 a.m., up 1.13% from the previous day. The early-session rally had somewhat subsided. On this day, the KOSDAQ opened at 1,117.49, up 0.10% from the previous session, and climbed as high as 1,154.23 in the early session.
Meanwhile, the KOSPI index showed signs of stagnation. As of 9:58 a.m., it recorded 5,492.97, down 1.63% from the previous day, losing the 5,500-point level.
Nevertheless, individual investors continued their buying spree. During the same period in the KOSPI market, individuals recorded a net purchase of 2.4264 trillion won, while foreigners and institutions posted net sales of 1.525 trillion won and 856.7 billion won, respectively.
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In the KOSDAQ market, individuals and institutions recorded net purchases of 210.3 billion won and 65.9 billion won, respectively. Foreign investors posted a net sale of 279.1 billion won.
As the KOSDAQ index continued its sharp rise following the previous day, a temporary suspension of program buying orders (sidecar) was triggered in the early session on the 6th. Employees are seen working in the dealing room at the Seoul Hana Bank Headquarters. On this day, the KOSPI closed at 5,491.02, down 92.88 points (1.66%) from the previous trading day, while the KOSDAQ index rose 1.08 points (0.10%) to 1,117.49 compared to the previous session. The KRW/USD exchange rate opened at 1,479.0 won, up 10.9 won from the previous day. 2026.3.6 Photo by Cho Yongjun
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