KOSPI Surges 5%, Triggers Buy-Side Sidecar

The KOSPI index experienced a significant increase, rising by 5%, which led to the activation of a buy-side sidecar. According to NS3.AI, this mechanism is designed to stabilize the market by temporarily halting trading to allow investors to adjust to the rapid price movements. The surge in the KOSPI index reflects a positive shift in market sentiment, prompting increased investor activity.