Business · Markets · 2 hrs ago

South Korea’s KOSPI falls more than 4%, triggering sell-sidecar

South Korea’s KOSPI falls more than 4%, triggering sell-sidecar

South Korea’s KOSPI fell more than 4% on Nov.

5, according to a breaking-news headline.

The KOSPI is the stock index at the center of the market update.

A sell-sidecar was triggered as the index dropped.

The update also said the KOSPI opened down 1.82% at 5,580.09.

That opening figure shows the decline had begun at the start of trading, while the headline later described a larger fall.

The update gives no further details about the cause of the drop or what happens next.

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