Coronavirus Infectious Disease-19 (Corona19) KOSPI plunged another 3.9% in the global pandemic, and the 1,840 line collapsed.
On that day, KOSPI closed at 1,834.33, 73.94 points (3.87%) lower than the previous trading day.
The index started at 1,887.97, down 20.30 points (1.06%) from the battlefield, and raised the drop.
The intraday drop exceeded 5%, dropping to 1,808.56, and at one time, a 'side car' was triggered to temporarily suspend the effect of the program selling price.
It was only 8 years and 5 months since October 4, 2011 that the sidecar was launched in the stock market.
A sidecar is a system that temporarily limits the selling price of a program when the market situation changes rapidly.
In the securities market, foreigners net sold 966 billion won, individuals netted 55 billion won, and institutions net bought 253.5 billion won.
The KOSDAQ index ended at 563.49, down 32.12 points (5.39%) from the battlefield.
(Photo = Yonhap News)
KOSPI slumps 3.9% in 'global pandemic shock'… Once the sidecar is activated
2020-03-12T10:19:49.326Z
Coronavirus Infectious Disease-19 KOSPI plunged another 3.9% in the global pandemic, and the 1,840 line collapsed. On this day, KOSPI closed at 1,834.33, 73.94 points lower than the previous trading day.
Source: sbskr