A closing price appears on the electronic board in the Hana Bank dealing room in Jung-gu, Seoul, in the afternoon on the 7th. /Courtesy of News1

On the 8th, a temporary suspension of program buy orders (buy sidecar) was triggered on the KOSPI market.

That day, after U.S. President Donald Trump said he would accept a two-week cease-fire plan, Iran also said it would accept the proposal, and both the KOSPI and KOSDAQ indexes were strong.

The Korea Exchange (KRX) said a buy sidecar was triggered on the domestic stock market at 9:06 a.m. that day.

A buy sidecar is a measure that halts program trading for five minutes if the KOSPI 200 futures price stays up 5% or more from the reference price for over one minute.

※ This article has been translated by AI. Share your feedback here.