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KOSPI Jumps 4.5% as Seoul Halts Program Buying Before SK Hynix Earnings

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KOSPI Jumps 4.5% as Seoul Halts Program Buying Before SK Hynix Earnings

South Korea’s KOSPI rose 4.53% from Monday’s close to 5,717.30 on Tuesday morning. The jump made the Korea Exchange pause program buying for five minutes, its second brake in six days. The first brake, on October 21, did not hold. The KOSPI gave back that entire rally within two sessions. For KOSPI holders, this rebound The post KOSPI Jumps 4.5% as Seoul Halts Program Buying Before SK Hynix Earnings appeared first on BeInCrypto.

Key Takeaways

  1. South Korea’s KOSPI rose 4.53% from Monday’s close to 5,717.30 on Tuesday morning.
  2. The jump made the Korea Exchange pause program buying for five minutes, its second brake in six days.
  3. The first brake, on October 21, did not hold.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.