{"id":124724,"date":"2026-08-19T10:23:10","date_gmt":"2026-08-19T10:23:10","guid":{"rendered":"https:\/\/www.europesays.com\/korea\/124724\/"},"modified":"2026-08-19T10:23:10","modified_gmt":"2026-08-19T10:23:10","slug":"kospi-triggers-another-sidecar-as-chip-rebound-stalls-falls-over-6","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/korea\/124724\/","title":{"rendered":"Kospi Triggers Another Sidecar as Chip Rebound Stalls, Falls Over 6%"},"content":{"rendered":"

\"KOSPI<\/a> KOSPI crash hits South Korean retail investors after leveraged ETF losses. Photo by BeInCrypto <\/p>\n

South Korea’s Kospi sank 6.45% Wednesday, from 6,869 to 6,426 points. The Korea Exchange activated a sell-side sidecar for the benchmark in response. <\/p>\n

Program trading on Kospi-listed shares was suspended for five minutes at 9:06 a.m. local time. The halt interrupted a rebound that had lifted the index in prior sessions. <\/p>\n

Chip Stocks Lead the Sell-Off <\/p>\n

A sell-side sidecar triggers automatically when Kospi 200 futures fall 5% or more for one minute. It pauses program sell orders for five minutes, without halting individual stock trading. <\/p>\n

Samsung Electronics and SK Hynix, which together drive much of the index’s weighting, led Wednesday’s decline. Investors tracked overnight losses on Wall Street, where chip stocks also sold off. <\/p>\n

\"The<\/a> The sharp falls marks a stall in the Korean index’s rebound. Image Source: Trading View <\/p>\n

SK Hynix’s U.S.-listed shares fell 9.20% to $155.62 in Tuesday’s session. The stock slipped another 1.38% in after-hours trading, signaling further pressure into Wednesday. <\/p>\n

The drop extends a volatile stretch for Korea’s chip-heavy market. The index had staged a sharp rebound in recent weeks following earlier sidecar and circuit-breaker activations this year. <\/p>\n

Oil Prices and Iran Tensions Weigh on Sentiment <\/p>\n

Rising oil prices and bond yields added pressure across the region. A 60-day U.S.-Iran memorandum expired Monday without a broader agreement, and President Donald Trump ruled out further talks. <\/p>\n

“There are no talks or conversations going on, or scheduled, with the Islamic Republic of Iran.” <\/p>\n

Trump made the remark in a Truth Social post Tuesday. He also said the U.S. naval blockade remained in force, even as he described the Strait of Hormuz as open and operating. <\/p>\n

The renewed geopolitical standoff has kept oil markets on edge. Brent crude gained 0.75% to $91.50 a barrel Tuesday, adding to inflation worries. <\/p>\n

\"Oil<\/a> Oil prices are on the rise again. Image Source: Trading Economics <\/p>\n

An Iranian official reportedly warned Tehran could shift to a “fully offensive” posture should diplomatic efforts collapse. Back-channel contact reportedly remains possible despite the stalled formal talks. <\/p>\n

Japan’s Nikkei 225 also declined Wednesday, falling more than 2%. The chip sell-off spread across Asian markets, with Tokyo names tracking the same overnight U.S. losses. <\/p>\n

Wednesday’s sidecar marks another halt in a year already defined by repeated trading curbs. Samsung and SK Hynix now face pressure to stabilize before Thursday’s session. <\/p>\n

Read the Original story Kospi Triggers Another Sidecar as Chip Rebound Stalls, Falls Over 6%<\/a> by Darryn Pollock at beincrypto.com<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"KOSPI crash hits South Korean retail investors after leveraged ETF losses. Photo by BeInCrypto South Korea’s Kospi sank…\n","protected":false},"author":2,"featured_media":124725,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[457],"tags":[337,864,2642,275,1484],"class_list":["post-124724","post","type-post","status-publish","format-standard","has-post-thumbnail","category-korea-exchange","tag-korea-exchange","tag-krx","tag-president-donald-trump","tag-sk-hynix","tag-south-korean"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/124724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=124724"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/124724\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/124725"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=124724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=124724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=124724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}