KOSPI and KOSDAQ surge together, triggering multiple sidecars

Jun 09, 2026, 10:05 am

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The dealing room at Hana Bank in Jung-gu, Seoul, on June 9. / Yonhap News


The KOSPI and KOSDAQ markets jumped sharply in early trading on Monday, triggering temporary suspension of program buying orders (sidecar mechanisms) in both markets.


According to the Korea Exchange, the sidecar was activated on the KOSPI market at 9:12 a.m. and on the KOSDAQ market at 9:28 a.m.


A sidecar is triggered when futures prices for the KOSPI 200 and KOSDAQ 150 rise or fall by more than 5% from the previous reference price and remain at that level for at least one minute.


As of the morning session, the KOSPI index was up 2.92% at 7703.3, while the KOSDAQ index rose 6.20% to 968.53.


                                                                                                               Park Isaak

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