South Korea's Kosdaq Triggers Buy-Side Circuit Amid Rapid Surge

The South Korean stock market is experiencing a significant upswing, with both the Kospi and Kosdaq indices showing rapid gains. On July 15, 2026, the Kosdaq market triggered a buy-side car circuit due to the sharp increase in its index. This follows a strong opening for the Kospi index, which began the trading day up 3.30% (226.08 points) at 7082.91, compared to the previous day's close of 6856.83.

The activation of the buy-side car circuit on the Kosdaq is a mechanism designed to curb excessive volatility during rapid price movements. It temporarily halts trading to allow investors to reassess the market and prevent panic selling or buying.

The simultaneous surge in both major indices suggests robust investor sentiment and a broad-based rally across the South Korean stock market. This upward momentum reflects positive economic indicators or investor expectations, driving active trading and significant gains.