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TechFlow News: On June 26, South Korea’s KOSPI Index plunged 5% intraday to 8,477.78 points. SK Hynix fell over 6%, while Samsung Electronics dropped 5.7%. Due to a 5% decline in KOSPI 200 futures, the Korea Exchange triggered the KOSPI’s temporary trading halt (“Sidecar”) mechanism, suspending algorithmic trading for five minutes.
South Korea’s KOSPI index plunged 5% intraday, currently standing at 8,477.78 points. SK Hynix fell over 6%, while Samsung Electronics dropped 5.7%. The Korea Exchange triggered the KOSPI’s temporary trading halt (“Sidecar”) mechanism due to a 5% decline in KOSPI 200 futures, suspending algorithmic trading for five minutes.
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