South Korea Triggers Sidecar Halt as KOSPI Slumps Over 7%
South Korea’s bourse operator triggered a sell-side sidecar halt as the benchmark KOSPI plunged more than 5%, according to the report.
South Korea's bourse operator triggered a sell-side "sidecar" trading halt early Thursday as the benchmark KOSPI index plunged more than 5%, tracking a tech-led selloff on Wall Street, where sticky US inflation data fuelled more rate-hike bets.The automatic five-minute suspension on program sell or…