KOSPI Touches 8,000 for First Time as Sell Sidecar Is Triggered

KOSPI touched the 8,000 level for the first time in its history, and a sell-side sidecar was triggered on the same day. The mechanism, which temporarily restricts program trading during sharp market moves, was activated as the index reached a historic level. The key fact is that the first-ever touch of 8,000 and the sell sidecar occurred on the same day. The source text did not provide additional index movements, the exact trigger time, or a separate explanation of the cause. The report shows that volatility-control measures can operate even during a record-setting market phase. Source: hankyung.com.