S. Korea's stocks surge with tariff pause, buy-side sidecar activated for KOSPI 200 futures

South Korea's stock market is surging, boosted by the pause in U.S. tariffs.

As of 9:02 AM on Thursday, the KOSPI stood at 2-thousand-415-point-39, up more than five percent from the previous session, triggering a buy-side sidecar for the first time in more than eight months at 9:06 AM.

A sidecar is activated when the KOSPI 200 futures index rises or falls by 5 percent or more and stays there for at least a minute.

The tech-heavy KOSDAQ also showed a large jump of more than four percent.