KOSPI on a Roller Coaster... Blue House Says "Will Not Be Swayed by Index Fluctuations"

The Blue House stated that it "will not be swayed by day-to-day changes in the index" in response to the extreme volatility in the domestic stock market.

A Blue House official made this comment on June 10, after a sell-side program trading halt (sell-sidecar) was triggered on the KOSPI market as stock prices plunged. The official further explained, "The Blue House plans to focus on establishing a fair market order and fundamentally improving the structure of the capital market."

Recently, the domestic stock market has experienced roller-coaster trading, with repeated sharp rises and falls in stock prices. Volatility has increased, with a buy-sidecar triggered on June 1, sell-sidecars on June 5 and 8, and another buy-sidecar on June 9.

This content was produced with the assistance of AI translation services.