![[Breaking] KOSPI sell sidecar activated - Seoul Economic Daily Finance News from South Korea](/_next/image?url=https%3A%2F%2Fwimg.sedaily.com%2Fnews%2Fcms%2F2026%2F01%2F21%2Fnews-p.v1.20260121.9dd6099faaea433fb5b2199bd938647a_P1.jpg&w=3840&q=75 "KOSPI Triggers Sell Sidecar as Index Plunges 6%")
The KOSPI triggered a sell sidecar on the 4th as the index plunged as much as 6% at the opening of regular trading.
The Korea Exchange announced that program selling on the securities market would be halted for five minutes starting at 9:06 a.m., as KOSPI 200 futures prices remained more than 5% lower for over one minute. Just before the sidecar was triggered, KOSPI 200 futures were down 6.04% from the previous session.
The KOSPI opened at 5,592.59, down 3.44% from the previous session, while the KOSDAQ opened at 1,112.08, down 2.25%. However, both indices extended their losses immediately after the opening, each falling as much as 6%.