Monday, August 8, 2011

Korea exchange temporarily halts Kosdaq trading

SEOUL -(MarketWatch)- Trading on South Korea's Kosdaq market has been temporarily halted for 20 minutes following steep falls on the local stock market, the Korea Exchange, or KRX, said Tuesday.

Trading will resume around 0201 GMT, a KRX spokesman said by phone.

Earlier in the day, program trading on the Kospi market was halted for five minutes from 0019 GMT to 0024 GMT.

As of 0147 GMT, the Kospi was down 7.2% at 1734.33.

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