KRX activates sell-side sidecar for KOSPI on sharp fall

What happened: The Korea Exchange activated a sell-side sidecar for the KOSPI on Friday, suspending program trading for KOSPI-listed shares for five minutes at 10:04 a.m. as the index plunged. Key numbers: KOSPI opened 2.99 percent lower and fell 277.75 points, or 4.68 percent, to 5,661.7 as of 10:06 a.m. Alphabet dropped more than 12 percent overnight. Why it matters: The index came under downward pressure after overnight Wall Street losses, as renewed concerns over the sustainability of the artificial intelligence boom weighed on investor sentiment.

KRX activated a sell-side sidecar for KOSPI amid a sharp fall.

KRX activated a sell-side sidecar for KOSPI amid a sharp fall. — impact context not separately stored; see What changed.