KRX issues sell-side sidecar for KOSPI on sharp fall

The country's bourse operator on Friday activated a sell-side sidecar for the benchmark Korea Composite Stock Price Index as the index nosedived due to a slump in tech heavyweights.

Program trading for the KOSPI was suspended for five minutes at around 9:08 a.m., according to the Korea Exchange.

The KOSPI fell sharply as investors took a breather following a recent rally in tech shares amid uncertainty over the US-Iran peace deal.

Opening at 3.66 percent lower, the KOSPI fell as low as 8,146.65 ...