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South Korea activates KOSPI buy-side sidecar as index rises 4.54%
South Korea's bourse operator activated a buy-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) as the index rose sharply by 4.54% to 5,894.26 points, suspending program trading for KOSPI-listed shares for five minutes at 9:53 a.m. The index rallied as strong artificial intelligence-driven semiconductor earnings lifted investor sentiment.
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